FX/Bonds

US sells USD 70bln of 5yr notes; tail 0.1bps

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High Yield: 4.182% (prev. 3.955%, six-auction average 3.780%) Tail: 0.1bps (WI 4.181%; prev. tail 0.5bps, six-auction average 0.6bps) B/C: 2.34x (prev. 2.33x, six-auction average 2.34x) Dealer: 12.8% (prev. 12.7%, six-auction average 12.0%) Direct: 12.3% (prev. 15.0%, six-auction average 25.0%) Indirect: 74.9% (prev. 72.3%, six-auction average 63.0%)

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