The Treasury Department yesterday auctioned $19 billion of five-year notes with a 3 1/8% coupon, a 3.159% high yield, and a price of 99.843881.
The bid-to-cover ratio was 1.65. The median yield was 3.090%. The low yield was 3.020%.
Independent and authoritative analysis and perspective for the bond buying industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In