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Slight tail, Treasury prices hold near...>

US TSYS/5Y
US TSYS/5Y: Slight tail, Treasury prices hold near low-end of range after $38B
5Y note awarded 2.997% rate vs. 2.992% WI (awarded 2.765% in Aug; 2.522% avg),
bid/cover 2.39 vs. 2.49 previous (2.50 avg). Indirects drew 57.86% vs. 66.24%
prior (51.76% avg), directs 9.22% vs. 9.01% prior (9.99% avg), and dealers w/
32.92% vs. 24.74% prior (38.25% avg).

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