Treasury 5-year notes go at 2.058% high yield on Oct. 25

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The Treasury Department auctioned $34 billion of five-year notes, with a 2% coupon, a 2.058% high yield, a price of 99.725759.

The bid-to-cover ratio was 2.44.

Tenders at the high yield were allotted 56.36%. All competitive tenders at lower yields were accepted in full.

The median yield was 2.004%. The low yield was 1.950%.

Tenders totaled $83,069,311,400 and the Treasury accepted $34,000,011,400 including $51,943,400 non-competitive.

The Fed banks bought $850,465,500 for their own account.

The notes, which are dated Oct. 31, will mature Oct. 31, 2022.

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