Monday, December 06, 2004

A little heads up for you dollar watchers.
The 5- and 10-yr auctions this week may provide the first insight into how popular US securities are to international investors at these current dollar levels. The US will lead global debt sales this week with sizes on the 5- and 10-year auctions being announced Dec 6, the 5-yr auction scheduled for Dec 8, and the 10-yr Dec 9.
Should be an interesting week.

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