SAN FRANCISCO (MarketWatch)
The Treasury Department sold $35 billion in 5-year notes on Wednesday at a yield of 0.647% Bidders offered to buy 3.06 times the amount of debt sold, above the average of 2.81 times at the last four sales of 5-year notes, according to CRT Capital Group
Indirect bidders, a group which includes foreign central banks, purchased 42% versus an average of 40%
Direct bidders, a class which includes domestic money managers, bought another 10.7% compared with 8.4% on average
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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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