There is some historical precedence for a soft auction as only 20% of 5-year auctions managed to stop through when the sale occurred on the same day as a 2-year auction, according to BMO. I think the market was likely braced for that so this is a great result. The two-year sale earlier tailed by 0.1 bps.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( US sells 5-year notes at 4.330% vs 4.336% WI )
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