Treasury 5-Year Note Auction Stops at 4.408%, the Softest Sale of the Week

Treasury sold $70 billion of five-year notes on July 27 at a 4.408% high yield with a 2.28 bid-to-cover, the weakest of three note sales this week as the Fed meets.

Treasury sold $70 billion of five-year notes on July 27 at a 4.408% high yield with a 2.28 bid-to-cover, the weakest of three note sales this week as the Fed meets.