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The overnight repo market....>

US TSYS/OVERNIGHT REPO
US TSYS/OVERNIGHT REPO:  The overnight repo market Monday saw ongoing tightness
in the 2-year Treasury note, with milder tightness in the 5-year note, and most
other issues quiet, said traders. The 2-year note and 5-year note tightened as
both had auction-tied shorts ahead of auctions later in the day, 11:30am ET for
the 2-year and 1;00 p.m. ET for the 5-year note auction. The 2-year note traded
at 0.67%, while the 5-year note traded at 0.95%. The Treasury General Collateral
level traded at 1.16%. (More)

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