September 24, 2026

Budget, Personal Loans

Treasury 5-Year Note Auction Clears 5.033%, Highest Since June 2006

The neoclassical stone facade and Ionic colonnade of the United States Treasury Department building in Washington photographed in low golden afternoon light, with pedestrians walking along the sidewalk below the steps.

Treasury sold $70 billion of five-year notes at a 5.033% high yield on September 23, the highest since June 2006, with the weakest bid-to-cover since December 2018.

Mitch Strohm
September 24, 2026