Financial News: Ten-Year Note Auction Attracts Above Average Demand

Ten-Year Note Auction Attracts Above Average Demand

04/09/2025 - 13:13:00 (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 $39 billion worth of ten-year notes attracted above average demand.

The ten-year note auction drew a high yield of 4.435 percent and a bid-to-cover ratio of 2.67.

Last month, the Treasury also sold $39 billion worth of ten-year notes, drawing a high yield of 4.310 percent and a bid-to-cover ratio of 2.59.

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 ten-year note auctions had an average bid-to-cover ratio of 2.56.

On Tuesday, the Treasury revealed this month's auction of $58 billion worth of three-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 $22 billion worth of thirty-year bonds.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

China Consumer Prices Slip 0.1% On Year In May (32 min(s), 19 sec(s) ago)
(RTTNews) - China's overall inflation was down 0.1 percent on year in May, the National Bureau ...Full Story»

Japan Has Y2.258 Trillion Current Account Surplus In April (36 min(s), 19 sec(s) ago)
(RTTNews) - Japan posted a current account surplus of 2.258 trillion yen in April, the Ministry of ...Full Story»

Japan GDP Flat On Quarter In Q1 (22 min(s), 19 sec(s) ago)
(RTTNews) - Japan's gross domestic product was unchanged on a seasonally adjusted quarterly ba ...Full Story»

Japan GDP Data Due On Monday (26 min(s), 19 sec(s) ago)
(RTTNews) - Japan will on Monday release Q1 numbers for gross domestic product, highlighting a bus ...Full Story»

Slovakia GDP Growth Eases As Estimated (43 min(s), 19 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (58 min(s), 19 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (11 min(s), 19 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (06 min(s), 19 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»