Demand slightly soft at auction
The Treasury auctioned off 5-year notes at a high yield of 2.719% compared to 2.175% in the when-issued market beforehand.
The bid to cover was at 2.55, about the same as the 2.52 at the previous sale.
The Treasury auctioned off 5-year notes at a high yield of 2.719% compared to 2.175% in the when-issued market beforehand.
The bid to cover was at 2.55, about the same as the 2.52 at the previous sale.
