U.S. Five-Year Note Auction Draws Increased Demand
The Treasury sold $70 billion in five-year notes at a high yield of 4.845%, versus a when-issued yield of 4.842% at auction time. The yield was lower than the previous month.
The Treasury sold $70 billion in five-year notes at a high yield of 4.845%, versus a when-issued yield of 4.842% at auction time. The yield was lower than the previous month.