The Treasury sells $35B in five-year notes at 1.41%. Bid-to-cover ratio of 2.46, vs. the...

|By:, SA News Editor

The Treasury sells $35B in five-year notes at 1.41%. Bid-to-cover ratio of 2.46, vs. the previous month's 2.45. The note is still a heavy foreign buy as indirect bidders take 53.9%, vs. the previous 53%. Direct bidders take 8.3%, vs. the previous 3.6%.