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

Five-Year Note Auction Attracts Slightly Above Average Demand

08/26/2026 - 14:02:00 (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 slightly above average demand.

The five-year note auction drew a high yield of 4.393 percent and a bid-to-cover ratio of 2.37.

Last month, the Treasury also sold $70 billion worth of five-year notes, drawing a high yield of 4.408 percent and a bid-to-cover ratio of 2.28.

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 roughly 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.S. Crude Oil Inventories Inch Up Much Less Than Expected (18 min(s), 15 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. increased by far less than expected in the week ende ...Full Story»

Five-Year Note Auction Attracts Slightly Above Average Demand (58 min(s), 15 sec(s) ago)
(RTTNews) - The Treasury Department continued this week's series of announcements of the resul ...Full Story»

U.S. Crude Oil Inventories Inch Up Much Less Than Expected (04 hr(s), 12 min(s), 15 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. increased by far less than expected in the week ende ...Full Story»

U.S. Economic Growth Unrevised At 1.5% In Q2 (04 hr(s), 18 min(s), 15 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed the increase in U.S. ...Full Story»

U.S. Durable Goods Orders Jump 1.1% In July, Much More Than Expected (04 hr(s), 27 min(s), 15 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a sharp increase in new ...Full Story»

U.S. Consumer Prices Rise 0.2% In July, Slightly More Than Expected (04 hr(s), 40 min(s), 15 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. increased by slightly more than expected in the month of J ...Full Story»

U.S. Q2 GDP Growth Unrevised At 1.5% (06 hr(s), 03 min(s), 15 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed the increase in U.S. ...Full Story»

U.S. Durable Goods Orders Jump Much More Than Expected In July (06 hr(s), 16 min(s), 15 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a sharp increase in new ...Full Story»