(Reuters) - NEW YORK, May 30 - U.S. government bond prices
remained higher on Wednesday after the Treasury's $13.0 billion
five-year note auction went as foreseen and traders bid up the
market in anticipation of month-end buying.
In a reflection of demand, the latest five-year note
auction fetched a bid-to-cover ratio of 2.60, higher than the
2.29 ratio at the April auction and the 2006 average.
Read more at Reuters.com Bonds News
remained higher on Wednesday after the Treasury's $13.0 billion
five-year note auction went as foreseen and traders bid up the
market in anticipation of month-end buying.
In a reflection of demand, the latest five-year note
auction fetched a bid-to-cover ratio of 2.60, higher than the
2.29 ratio at the April auction and the 2006 average.
Read more at Reuters.com Bonds News
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