The Treasury sells $35B in five-year notes at 0.899% (.pdf). Bid-to-cover ratio of 3.17, vs. a...

|By:, SA News Editor

The Treasury sells $35B in five-year notes at 0.899% (.pdf). Bid-to-cover ratio of 3.17, vs. a recent average of 2.99; indirect bidders take 43.4%, vs. a recent 47.8%. Direct bidders take 15.1%.