Lack Of Demand Greets Sale Of 5 Year Treasuries In Another Tailing Auction
October 26, 2016 at 14:25 PM EDT
The Treasury announced that today's auction of 5Y paper indeed tailed, printing at 1.303%, tailling by 0.1bps. This was the highest yield since May of 2016 when the same paper priced at 1.395%.