-- The US Treasury's 5-year auction hit a high yield of 3.955% on Monday, down from the 3.980% high in the previous auction.
The bid to cover ratio for the auction was 2.33, above the 2.29 ratio in the previous auction.
Dealers represented 55.38% of the bids, with direct bidders at 7.89% and indirect bidders at 36.74%.
For takedown, dealers took 12.68%, with direct bidders at 15.03% and indirect bidders at 72.29%.
Investors in a Blue Owl Capital (OWL) business development company tendered less than 1% of shares to Boaz Weinstein's Saba Capital Management and Cox Capital Partners, which had offered to buy them out at a significant discount, Bloomberg reported Monday, citing people familiar with the matter.Blue Owl didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $8.97, Change: $-0.21, Percent Change: -2.29%
First Bancorp (FBP) shares were up 3.4% in Monday trading after Raymond James upgraded the company's stock to strong buy from outperform and raised its price target to $27 from $26.Trading volume stood at about 537,000 shares, compared with a daily average of around 1.5 million.Price: $24.23, Change: $+0.82, Percent Change: +3.48%
Advanced Micro Devices (AMD) shares were down over 3% in Monday trading after Northland downgraded the company's stock to market perform from outperform.Trading volume stood at more than 38.6 million shares, compared with a daily average of around 38.2 million.Price: $335.90, Change: $-11.91, Percent Change: -3.42%