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And Jefferies' Simons adds also.......>

US TSYS/BILLS
US TSYS/BILLS: And Jefferies' Simons adds also "today's 6-month bill auction
stopped with a 0.5-bps tail, coming at 1.190%. The stats for this auction were
not quite as bad as they were for the 3-month, but they were still on the weak
side."
- He adds "the 3.03 bid/cover ratio is the lowest since July 24th. Indirect
bidders took down 45.7% of the auction, slightly below the recent average. The
48.4% Dealer takedown is, on the other hand, somewhat above average. The Direct
takedown of 5.9% is close to average."

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