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US 5-year auction 1.380 vs 1.395% WI

US 5-year auction 1.380 vs 1.395% WI

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Adam Button
28/04/2015 | 17:01 GMT

Results of the 5-year auction:

  • Previous sale was at 1.387%
  • Bid to cover 2.560
  • Prior bid to cover was 2.35 -- the lowest since July 2009

The very strong auction should cap today's run-up in Treasury yields and could put some minor renewed pressure on the dollar.

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