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U.S. Treasury Sells $26 Billion of 5-Year TIPS at 2.367% Yield

The high yield was 2.367%, compared with a 2.3645% market yield at the time, according to Tradeweb data.

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A U.S. Treasury auction of five-year Inflation Protected Securities indicated softer demand. The auction sold $26 billion at a high yield of 2.367%, compared with a market yield of 2.3645% at the time, according to Tradeweb data. At the previous auction, the…