US 5-Year Note Auction Tails, Yields Rise to 5.033%

Hyperdash NewsMacro

The US Treasury's $70 billion 5-year note auction tailed by 3.1 basis points, with a high yield of 5.033%. The bid-to-cover ratio was 2.21, indicating weaker demand than recent auctions. Primary dealers took 15.77% of the notes, while indirect bidders accounted for 54.31%.

SourcesFinancialJuice

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