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The WI 5Y issue is at 1.917% into 1pm....>

US TSYS/5Y
US TSYS/5Y: The WI 5Y issue is at 1.917% into 1pm ET 5Y auction; traders
expected a 1.911% to 1.913% rate at such auction. "It will coem at the money,"
said one trader. "There will be some value buyers. It's attractive on the curve
and the yield backup will help."
- Recall that some expected good foreign buying.
- Recall also that other traders expected a good auction, but warned that the
issue could struggle in the aftermarket. And there was supposed to be tax
framework unveiling at 2:15pm ET, and Pres. Trump speaking about 3:15pm ET on
taxes (could be a tiny bit earlier so start watching for that around 3pm ET.)

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