Financial News: Five-Year Note Auction Attracts Modestly Below Average Dem

Five-Year Note Auction Attracts Modestly Below Average Demand

03/25/2026 - 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 modestly below average demand.

The five-year note auction drew a high yield of 3.980 percent and a bid-to-cover ratio of 2.29.

Last month, the Treasury also sold $70 billion worth of five-year notes, drawing a high yield of 3.615 percent and a bid-to-cover ratio of 2.32.

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 2.36.

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

The Treasury is due to announce the results of this month's auction of $44 billion worth of seven-year notes on Thursday.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Five-Year Note Auction Attracts Modestly Below Average Demand (01 hr(s), 21 min(s), 39 sec(s) ago)
(RTTNews) - The Treasury Department continued this week's series of announcements of the resul ...Full Story»

U.S. Crude Oil Inventories Surge Much More Than Expected (03 hr(s), 55 min(s), 39 sec(s) ago)
(RTTNews) - The Energy Information Administration released a report on Wednesday showing another s ...Full Story»

U.S. Import Prices Jump 1.3% In February, Much More Than Expected (04 hr(s), 23 min(s), 39 sec(s) ago)
(RTTNews) - Partly reflecting a significant rebound in prices for fuel imports, the Labor Departme ...Full Story»

U.S. Import Prices Jump Much More Than Expected In February (05 hr(s), 54 min(s), 39 sec(s) ago)
(RTTNews) - Partly reflecting a significant rebound in prices for fuel imports, the Labor Departme ...Full Story»

UK Inflation Remains Stable At 3.0% (06 hr(s), 18 min(s), 39 sec(s) ago)
(RTTNews) - UK consumer price inflation remained stable in February, but potential spikes in infla ...Full Story»

German Business Confidence At 13-Month Low (07 hr(s), 32 min(s), 39 sec(s) ago)
(RTTNews) - German business confidence declined to a 13-month low in March as the war in the Middl ...Full Story»

Slovenian Manufacturing Confidence Remains Stable At -8.0 (08 hr(s), 06 min(s), 39 sec(s) ago)
(RTTNews) - Slovenia's industrial sentiment held steady and negative in March, figures from th ...Full Story»

Spain Producer Prices Fall Most Since Early 2024 (08 hr(s), 26 min(s), 39 sec(s) ago)
(RTTNews) - Spain's producer prices declined at the fastest pace since early 2024 due to the f ...Full Story»