US sells 5-year notes at 3.645% vs 3.642% WI

US sells 5-year notes at 3.645% vs 3.642% WI
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  • Prior was 4.121%
  • Bid to cowl 2.41 vs 2.40 prior

The outcomes are a tad worse than anticipated within the when-issued market however not meaningfully so. There was one thing of a concession up to now few hours however I nonetheless assume you get an indication of reduction right here, although I will be watching intently.

This text was written by Adam Button at www.forexlive.com.



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