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US sells 5-year notes at 2.997% vs 2.993% WI

US sells 5-year notes at 2.997% vs 2.993% WI

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Adam Button
25/09/2018 | 17:03 GMT

Results of the US 5-year sale

  • Sale of $38 billion in 5-year notes

  • Prior was 2.765%

  • Bid to cover at 2.39 vs 2.49 prior -- lowest since Dec 2017

Demand a touch on the soft side. The comparison to the prior shows have far the bond market has moved lately.

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