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

Five-Year Note Auction Attracts Slightly Below Average Demand

06/25/2025 - 13:26:00 (RTTNews)

(RTTNews) - The Treasury Department on Wednesday announced the results of this month's auction of $70 billion worth of five-year notes, revealing the sale attracted slightly below average demand.

The five-year note auction drew a high yield of 3.879 percent and a bid-to-cover ratio of 2.36.

Last month, the Treasury also sold $70 billion worth of five-year notes, drawing a high yield of 4.071 percent and a bid-to-cover ratio of 2.39.

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 2.40.

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

The Treasury is scheduled 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 Slightly Below Average Demand (03 hr(s), 13 min(s), 08 sec(s) ago)
(RTTNews) - The Treasury Department on Wednesday announced the results of this month's auction ...Full Story»

U.S. New Home Sales Pull Back More Than Expected In May (05 hr(s), 57 min(s), 08 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a substantial pullbac ...Full Story»

U.S. Crude Oil Inventories See Extended Slump (05 hr(s), 59 min(s), 08 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. saw another significant decrease in the week ended J ...Full Story»

Czech Central Bank Holds Rates Steady After May Reduction (07 hr(s), 35 min(s), 08 sec(s) ago)
(RTTNews) - The Czech central bank kept interest rates steady on Tuesday, as expected, following a ...Full Story»

Iceland Producer Price Inflation Eases To 14-Month Low (07 hr(s), 53 min(s), 08 sec(s) ago)
(RTTNews) - Iceland's industrial producer price inflation moderated in May to the lowest level ...Full Story»

Thailand Central Bank Holds Key Interest Rate (08 hr(s), 26 min(s), 08 sec(s) ago)
(RTTNews) - The Bank of Thailand maintained its interest rate on Wednesday as policymakers sees ri ...Full Story»

Finland Jobless Rate Rises To 10.5%, Highest In 5 Years (09 hr(s), 41 min(s), 08 sec(s) ago)
(RTTNews) - Finland's unemployment rate increased in May to the highest level in five years, f ...Full Story»

Spain GDP Growth Confirmed At 0.6% (10 hr(s), 21 min(s), 08 sec(s) ago)
(RTTNews) - Spain's economic growth slowed in the first quarter, as estimated earlier, final d ...Full Story»