The Treasury sells $35B in five-year notes at 2.26% (.pdf). Bid-to-cover ratio of 2.79, vs. a...

|By:, SA News Editor

The Treasury sells $35B in five-year notes at 2.26% (.pdf). Bid-to-cover ratio of 2.79, vs. a recent 2.76; indirect bidders take 42.4%, vs. a recent 37.9%. Direct bidders take 11.2%, vs. a recent 10.8%.