MBS LUNCH: Strong 5yr Note Auction. Rates Still Sideways (source: Mortgage News Daily)

Posted To: MBS CommentaryThe Treasury has successfully auctioned a record $42 billion 5 yr notes at a high yield of 2.175%, which is lower than the 1pm "When Issued" mid-market yield. The bid to cover ratio, a measure of demand, was 2.81 bids for... (source: Mortgage News Daily) - RSS widgets and RSS feeds on Feedzilla.com
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