US treasury to auction $64 billion of 5-year notes at the top of the hour
The six-month averages of the major components for the 5-year note auntions shows:Tail 0.0 bpsBid to cover, 2.67XDealers, 17.1%Directs (a measure of domestic demand), 20.7%Indirects (a measure of international demand), +62.3% This article was written by Greg Michalowski at www.forexlive.com.
The six-month averages of the major components for the 5-year note auntions shows:
- Tail 0.0 bps
- Bid to cover, 2.67X
- Dealers, 17.1%
- Directs (a measure of domestic demand), 20.7%
- Indirects (a measure of international demand), +62.3%