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.

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 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%
This article was written by Greg Michalowski at www.forexlive.com.