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US sells 5-year notes at 4.400% vs 4.399% WI bid

US sells 5-year notes at 4.400% vs 4.399% WI bid

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Adam Button
28/08/2023 | 17:02 GMT
  • The US sells $46 billion in five-year notes
US 5 year rates
US 5 year rates, monthly
  • Prior was 4.170%

This is a 0.1 bps tail but that's a negligible miss. Some selling is creeping into the long end today though, so that could help to lift the dollar. Gold has given back half its gains already.

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