TREASURIES-Bonds mostly steady after strong auction
(Updates with market reaction to five-year note auction)
NEW YORK, May 27 (Reuters) - U.S. Treasury debt prices were steady to higher on Wednesday following an auction of five-year notes that drew solid demand, particularly from indirect bidders.
That category is often used as a proxy for foreign interest, and it comprised 44 percent of the $35 billion on offer.
Benchmark 10-year notes US10YT=RR were currently steady in price and offered a yield of 3.55 percent. (Reporting by Pedro Nicolaci da Costa)
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