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

Five-Year Note Auction Attracts Average Demand (58 min(s), 19 sec(s) ago)
(RTTNews) - The Treasury Department continued this week's series of announcements of the resul ...Full Story»

Austria Manufacturing Activity Expands (05 hr(s), 43 min(s), 19 sec(s) ago)
(RTTNews) - Austria's manufacturing activity expanded at a slightly faster pace in May, survey ...Full Story»

French Consumer Confidence Weakest Since Early 2023 (06 hr(s), 06 min(s), 19 sec(s) ago)
(RTTNews) - French consumer confidence fell to the lowest in more than three years in May, survey ...Full Story»

Europe New Car Sales Growth Eases (07 hr(s), 49 min(s), 19 sec(s) ago)
(RTTNews) - Europe's new car registrations grew at a slower pace in April amid heightened geop ...Full Story»

New Zealand Holds Key Rate; Signals Rate Hikes (11 hr(s), 55 min(s), 19 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand maintained its benchmark interest rate on Wednesday an ...Full Story»

Japan Producer Prices Rise 3.0% On Year In April (47 min(s), 41 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 3.0 percent on year in April, the Bank of Japan said ...Full Story»

New Zealand Rate Decision Due On Wednesday (55 min(s), 41 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday ...Full Story»

Villeroy De Galhau Says ECB 'Will Do What Is Necessary' To Rein In Inflation: CNBC (19 sec(s) ago)
(RTTNews) - The European Central Bank "will do what is necessary" to bring inflation back to the 2 ...Full Story»