US sells 5 year notes at 1.169% vs 1.185% WI

Discussion in 'Market News' started by ForexLive, Feb 24, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Another strong auction Strong demand pushes the yield 1.6 bps below the yield in the when issued market. Bid to cover at 2.44, same as prior. It's been a hectic day in the bond market. Five year yields fell as low as 1.13% earlier but yields have been rising for the past few hours as risk appetite improves.

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