- Highest yield since October 2019
- Prior was 1.263%
- Bid to cover at 2.50 vs 2.41 prior
That's the second strong auction in a row and suggests the bond market isn't too worried about the Fed stepping on the rate-hike accelerator.
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US sells 5-year notes at 1.533% vs WI 1.547%
- Results of the $55 billion 5-year sale
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