Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

US treasury to auction 5-year notes at 1 PM ET

January 27, 2025 at 05:13PM
Due to the Fed meeting on Wednesday, the US treasuries frontloading the auctions. Earlier today, they sold $60 billion of two year notes at a high yield of 4.211% versus a WI level of 4.210%. The into cover was nearly average, with domestic buyers better than the six-month average but international buyers less than the six-month average.

For the five year notes, the auction will be compared to the six-month averages of major components:

Tail +0.4 basis points

Bid to cover 2.40X

Direct 17.9%

Indirects 69.3%

Dealers 12.8%

This article was written by Greg Michalowski at www.forexlive.com.

US treasury to auction 5-year notes at 1 PM ET