The Treasury Department yesterday auctioned $8 billion of five-year inflation-indexed notes with a 5/8% coupon, a 0.745% high yield, and a price of 99.560900.

The bid-to-cover ratio was 2.20. Tenders at the high yield were allotted 99.07%. The median yield was 0.710%. The low yield was 0.500%.

Subscribe Now

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.