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US sells 5-year notes at 2.489% vs 2.495% WI bid

US sells 5-year notes at 2.489% vs 2.495% WI bid

News
Adam Button
25/02/2019 | 18:02 GMT

Results of the 5-year note auction

  • $41 billion sale
  • The notes were trading at 2.495%/2.490% on the bid/ask in the when issued market
  • Bid-to-cover 2.40 vs 2.41 prior

USD/JPY is on a nice run but this could add a speedbump.

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