Category oil

US Sells 5-year Notes at 3.955% vs 3.960% WI

Prior was 3.980% 6-auction average of 3.725%. Prior was 3.980% 6-auction average of 3.725%. Bid to cover at 2.33 vs 2.29 prior The two-year sale tailed by 0.1 bps and this one by 0.5 bps. Those aren't big misses but Treasury yields are now at the highs of the day, u