U.S. 5-year notes sold at lowest yield since October 2016 By Reuters

Oilfield firm Weatherford International files bankruptcy plan

U.S. 5-year notes sold at lowest yield since October 2016

NEW YORK (Reuters) – The U.S. Treasury Department on Wednesday sold $41 billion of five-year government debt at a yield of 1.365%, marking the lowest yield at an auction on this maturity since October 2016, Treasury data showed.

The ratio of bids to the amount of five-year supply offered was 2.48, the strongest reading since November 2018. This measure of overall auction demand was 2.26 at the previous five-year note sale in July.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link