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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS 30-Year Note Auction climbed to 3.24% in August 2014
FMPMonthlyReleased September 2014
US 30-Year Note Auction climbed to 3.24% in August 2014, released September 2014, up 0.02% from July's 3.22% reading.
Latest Release
3.240000
Actual
—
Consensus
3.224000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
30-Year Note Auction (United States) was reported at 3.24% in September 2014. The reading rose from the previous value of 3.22%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2014.
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30-Year Note Auction - US
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About 30-Year Note Auction — United States
DEFINITION
The 30-Year Note Auction is a financial indicator that measures the demand for long-term government debt securities. It is a public auction where the US Treasury Department sells 30-year notes to investors, with the goal of raising funds for the government's borrowing needs. The results of the auction provide insight into the current market sentiment and interest rates for long-term investments, making it a key indicator for investors and policymakers.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2014): actual 3.24 %. Prior reading (May 2014): 3.44 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary tailwind in the projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.