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.
US sells 5-year notes at 4.400% vs 4.399% WI bid
- The US sells $46 billion in five-year notes
