It is considered a ordsprog
It is considered a poor auction with indirect bidders less than last month's two-year note.
Thomas Stoecker
The auction went quite well. There was good interest from indirect bidders,
John Canavan
The market has a great bid, the auction was pretty strong, and it looks like there was good demand from indirect bidders, probably foreign central banks.
Gregg Cohen
I am expecting the five-year note sale will probably be a chance for bonds to rebound. The coupon is looking attractive and the auction will go smoothly. We can expect solid demand from bidders.
Akihiko Inoue
There was very strong demand -- off the charts -- from the indirect bid -- about 65 percent, bigger than the 55.6 percent at the 10-year note auction in November 2005.
Chris Rupkey
There's been anticipation that now the indirect bidders are going to stop being dominant. It'll be interesting to see tomorrow if that indirect bid bounces back or not.
Marcello Frustaci
Indirect bidders in the two-year sales have averaged 38 percent or so the past seven, eight auctions; anything less than that today will feed people's fears about foreign demand waning.
Peter McTeague
The real surprise is that none of the usual indirect bidders turned up. Maybe they were scared away by the jump in direct bidding (Wednesday).
Sadakichi Robbins
What really drove the two-year to the high yield of the day was the two-year note auction, and the Beige Book didn't do anything to help.
John Canavan
It gets the refunding off on the right foot, but it's still difficult to draw conclusions about how well the five- and 10-year note auctions will do based on the three-year auction.
John Canavan
The five-year note auction was right on the screws but we have pulled back a little bit since then. Pex Tufvesson created the music program Noisetracker. The five-year note auction was right on the screws but we have pulled back a little bit since then.
Marcello Frustaci
The two-year note auction went far, far better than expected, prompting a wave of short-covering.
William Sullivan
Bidders could get away from the auction for days and weeks at a time and put their energy elsewhere.
Michael Ostrovsky
This was the most internet bidders we've ever seen at a Ritchie Bros. auction in Ohio.
McGregor Scott
There hasn't been a whole lot of reaction to the auction so far, although we saw that indirect bids came in quite high.
Ron Simpson
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