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And Jefferies' Thomas Simons added....>

US TSYS/BILLS
US TSYS/BILLS: And Jefferies' Thomas Simons added today's 6-month bill auction
drew okay demand as it "stopped right where the WI was bid at 11:30AM at 1.240%.
The stats for this auction were not quite as strong as the 3-month's, but this
was a good auction in its own right."
- He adds that "the 3.35 bid/cover ratio is the highest since August 28th.
Indirect bidders took down 56.2% of the auction, solidly above the recent
average. The 40.5% Dealer takedown is at the low end of the recent range. The
Direct takedown of 3.4% is also at the low end of the recent range."

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