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The Treasury sells $35B in five-year notes at 0.71%, slightly higher than the when-issued rate pre-auction. Bid-to-cover ratio of 2.86; indirect bidders take 43.6%. Direct bidders take 14%.

The Treasury sells $35B in five-year notes at 0.71%, slightly higher than the when-issued rate pre-auction. Bid-to-cover ratio of 2.86; indirect bidders take 43.6%. Direct bidders take 14%. Post your comment!

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