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United States 5-Year Note Auction down to 3.562% from previous 3.625%

United States 5-Year Note Auction down to 3.562% from previous 3.625%

The U.S. Treasury sells $70 billion of 5 year notes yield

• High Yield 3.562%
• WI level at the time of the auction 3.557%
• Tail 0.5 basis points versus 6 month average up 0.3 basis points
• Bid to cover 2.41X versus 6 month average of 2.36X
• Dealers 11.04% versus 6 month average of 10.4%
• Directs 27.6% versus 6 month average of 24.9%.
• Indirect 61.35% versus 6 month average of 64.7%

This article was written by Greg Michalowski at investinglive.com.

Bill Gates released his list of book recommendations for the 2025 holidays, including a fictional tale, a media mogul’s memoir and a political bestseller.

USD/CHF holds near 0.8080 on Tuesday at the time of writing, with the pair showing little direction with simultaneous weakness in both the US Dollar (USD) and the Swiss Franc (CHF). Pressure on both currencies is offsetting itself, keeping the pair confined to a narrow range.

The U.S. Treasury will auction off $70 billion of 5 year notes at the top of the hour. Yesterday, the auction off to your notes with average demand. The auction will be compared to the 6 month averages of the major components to determine either strong or weak demand.

The six-month component averages shows:

• Tail 0.3 basis points.
• Bid to cover 2.36X
• Directs 24.9%. (Measure of domestic demand)
• Indirects 64.7% (measure of international demand)
• Dealers 10.4% (the dealers generally take the residual supply)

The last 5 year note auction was at 3.625%. The current 5 year yield is at 3.565%.

This article was written by Greg Michalowski at investinglive.com.

The Arizona Democrat Sen. Mark Kelly, a U.S. Navy veteran, faces a Pentagon probe for saying in a video, “Our laws are clear: you can refuse illegal orders.”

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

The NASDAQ index has now turned back into the black. It is trading up 64 points or 0.28% at 22935.40. The S&P is up 42 points or 0.63% at 6748, and the Dow industrial average leads the charge with a gain of 530 points or 1.14% at 46979.62.

Some gainers today include:

• Zoom Video: +13.30%

• Chipotle Mexican Grill: +6.22%

• Celsius: +5.10%

• Lennar: +5.02%

• Dollar Tree: +4.99%

• American Airlines: +4.92%

• United Airlines: +4.16%

• Stellantis NV: +4.20%

• Merck & Co: +4.10%

• Whirlpool: +3.76%

• Southwest Airlines: +3.73%

• Home Depot: +3.75%

• GameStop Corp: +3.66%

• Delta Air Lines: +3.42%

• Nike: +3.31%

• DoorDash: +3.30%

• Biogen: +3.14%

• Boston Scientific: +3.09%

Some losers today include:

• AMD: −6.71%

• Arm: −3.75%

• NVIDIA: −3.74%

• Super Micro Computer: −2.46%

• MicroStrategy (Strategy): −2.42%

• Alibaba ADR: −2.08%

• Netflix: −1.85%

• Grayscale Bitcoin (BTC): −1.82%

• Nebius NV: −1.76%

• Bitcoin Futures: −1.50%

• Oracle: −1.51%

• Taiwan Semiconductor: −1.26%

• Exxon Mobil: −1.19%

This article was written by Greg Michalowski at investinglive.com.

Pres. Trump is saying that he thinks we are getting very close to a deal on Ukraine.

Meanwhile France’s Macron is speaking and says:

• On frozen Russian assets we will finalize with the EU countries a solution for Ukraine financing.
• Talks in Geneva showed that there cannot be any limitation on Ukrainian Army. We need a peace that is serious, that respect international law.
• We decided to create a workshop led by France, Britain, with support of Turkey, US to ready Ukraine security guarantees.

Earlier Ukraine’s president Zelenskyy said:

• He is ready to move forward with peace deal framework with Trump and Europe.

This article was written by Greg Michalowski at investinglive.com.