Financial News: Five-Year Note Auction Attracts Average Demand

Five-Year Note Auction Attracts Average Demand

05/27/2026 - 13:10:00 (RTTNews)

(RTTNews) - The Treasury Department continued this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's sale of $70 billion worth of five-year notes attracted average demand.

The five-year note auction drew a high yield of 4.182 percent and a bid-to-cover ratio of 2.34.

Last month, the Treasury also sold $70 billion worth of five-year notes, drawing a high yield of 3.955 percent and a bid-to-cover ratio of 2.33.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous five-year note auctions had an average bid-to-cover ratio of 2.34.

On Tuesday, the Treasury revealed this month's sale of $69 billion worth of two-year notes attracted slightly above average demand.

The Treasury is due to finish off this week's series of announcements of the results of its long-term securities auctions on Thursday by revealing the results of this month's sale of $44 billion worth of seven-year notes.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.K. House Prices Fall For Third Month: Halifax Survey (57 min(s), 06 sec(s) ago)
(RTTNews) - House prices in the U.K. fell for a third month in a row in May amid the global uncert ...Full Story»

U.S. Job Growth Far Exceeds Estimates In May (06 min(s), 06 sec(s) ago)
(RTTNews) - Employment in the U.S. jumped by much more than expected in the month of May, accordin ...Full Story»

U.S. Employment Jumps By 172,000 Jobs In May, Much More Than Expected (04 min(s), 06 sec(s) ago)
(RTTNews) - Employment in the U.S. jumped by much more than expected in the month of May, accordin ...Full Story»

U.S. Employment Jumps By 172,000 Jobs In May, Much More Than Expected (02 min(s), 06 sec(s) ago)
(RTTNews) - Employment in the U.S. jumped by much more than expected in the month of May, accordin ...Full Story»

India GDP Growth Accelerates (46 min(s), 06 sec(s) ago)
(RTTNews) - India's economy logged robust growth in the March quarter despite geopolitical ten ...Full Story»

Eurozone Economy Shrinks For First Time Since 2022 (41 min(s), 06 sec(s) ago)
(RTTNews) - The euro area economy contracted for the first time in more than three years in the fi ...Full Story»

India Maintains Key Interest Rates; Unveils Measures To Boost Dollar Inflows (29 min(s), 06 sec(s) ago)
(RTTNews) - The Reserve Bank of India left its key policy rates unchanged on Friday and unveiled a ...Full Story»

BoE DMP Survey Shows Firms Raise Year-ahead Output Price Inflation Expectations (06 sec(s) ago)
(RTTNews) - A Bank of England survey showed on Friday that businesses expect a bigger increase in ...Full Story»