Bond auction change?

Discussion in 'Financial Futures' started by Lightweight, May 8, 2013.

  1. Is it just me, or does it look like the 10 and 30 year bond auctions are being merged into the same day next month?

    Forex Calendar @ Forex Factory

    Up to and including this month, 10 year bond auctions have been on Wednesday, and 30 year bond auctions the following day (Thursday), both at 10 AM PST. But looking at June and beyond, it appears they're merging them into the same day and time. I tried to Google a comment about it or explanation, but as usual I find nothing.

    That seems kind of stupid, because the bonds aren't always adjusted the same direction or with the same demand, but historically one affects the other on auction days. So it sounds like now they're just creating confusion in the market by auctioning them simultaneously. Or am I missing something obvious here?
  2. JohnHar