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Auction Up: $29 bln 7y note auction draws 2.250%, 2.58x bid/cover, 47.3% indirect bidders, 15.2% direct bidders Treasuries are pressing session lows following the average auction.
Initial public offerings scheduled to price in the current week.
Ticker Underwriter
WLKP Barclays, UBS, BofA/Merrill, Deutsche
SPKE Robert W. Baird,
Today is hump day and the stock market finds itself in a hole as it moves closer to the weekend. The S&P 500 is down 0.4% for the week after a 0.5% decline on Tuesday that was attributed to rising geopolitical concerns following the announcement of new sanctions...
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