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Second leg of week's Tsy note...........>

US TSYS/10Y
US TSYS/10Y: Second leg of week's Tsy note auctions coming up, $20B 10Y note
2.25% re-open. Bidding deadline at 1300ET w/current mkt 2.585/2.580%. Prior 10Y
auction in December stopped at 2.384% w/2.380% WI bid at deadline. Dealers had
taken 34.4% (vs. 29.0% avg), Indirects 57.2% (vs. 63.8% avg) and Direct 8.4%
(vs. 7.2% avg).

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