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

Five-Year Note Auction Attracts Modestly Below Average Demand

09/24/2025 - 13:16:00 (RTTNews)

(RTTNews) - The Treasury Department continued this week's series of announcement 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 3.710 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 3.724 percent and a bid-to-cover ratio of 2.36.

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 2.38.

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 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

Bank Of Japan Minutes On Tap For Thursday (05 hr(s), 01 min(s), 49 sec(s) ago)
(RTTNews) - The Bank of Japan will on Thursday release the minutes from its monetary policy meetin ...Full Story»

Five-Year Note Auction Attracts Modestly Below Average Demand (09 hr(s), 45 min(s), 49 sec(s) ago)
(RTTNews) - The Treasury Department continued this week's series of announcement of the result ...Full Story»

Czech Central Bank Holds Rate Steady At 3.5% On Rising Inflationary Risks (11 hr(s), 45 min(s), 49 sec(s) ago)
(RTTNews) - The Czech National Bank left its key interest unchanged for a third policy session in ...Full Story»

U.S. Crude Oil Inventories Unexpectedly Edge Modestly Lower (12 hr(s), 21 min(s), 49 sec(s) ago)
(RTTNews) - After reporting a steep drop by U.S. crude oil inventories in the previous week, the E ...Full Story»

U.S. Mortgage Applications Growth Slows (12 hr(s), 27 min(s), 49 sec(s) ago)
(RTTNews) - U.S. mortgage applications grew at a modest pace in the week ended September 19 follow ...Full Story»

U.S. New Home Sales Unexpectedly Skyrocket To Three-Year High In August (12 hr(s), 29 min(s), 49 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed new home sales in the ...Full Story»

Belgium Business Sentiment Rises In September (12 hr(s), 41 min(s), 49 sec(s) ago)
(RTTNews) - Belgium's business confidence improved for the second straight month in Septembe ...Full Story»

Brazil FGV Consumer Confidence Improves In September (13 hr(s), 48 min(s), 49 sec(s) ago)
(RTTNews) - Confidence among Brazilian consumers strengthened in September to the highest level in ...Full Story»