- High yield 3.974%
- WI yield 3.967%
- Tail 0.7 BPS
- Bid to cover 2.39X vs 6 month average 2.35X
- Directs 18.7% vs 18.2% 6 month average
- Indirects 66.2% vs 62.4% 6 month average
US sells $43B of 5 year notes at 3.974%
- Tail 0.7 bps
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