From Nasdaq:



The Treasury Department announced the results of this month’s auction of $58 billion worth of five-year notes on Wednesday, revealing the sale attracted average demand with a high yield of 3.801 percent and a bid-to-cover ratio of 2.50.

Last month, the Treasury sold $55 billion worth of five-year notes, drawing a high yield of 4.420 percent and a bid-to-cover ratio of 2.46, indicating a slight decrease in demand.

The Treasury is also due to announce the results of this month’s auction of $40 billion worth of seven-year notes on Thursday, following an auction of $57 billion worth of two-year notes that also attracted roughly average demand.



Read more: Five-Year Note Auction Attracts Average Demand