US : 5-year debt sold at highest yield since December
Tue Nov 22 2016
Jim Andrews (453 articles)

US : 5-year debt sold at highest yield since December

NEW YORK : 2 The U.S. Treasury Department on Tuesday sold $ 34 billion in a five-year government note issue at a yield of 1.760 percent, the highest yield at an auction for this debt maturity since December, Treasury data showed.

The ratio of bids to the amount offered was 2.44, lower than prior auction’s 2.49 in October.

Jim Andrews

Jim Andrews

Jim Andrews is Desk Correspondent for Global Stock, Currencies, Commodities & Bonds Market . He has been reporting about Global Markets for last 5+ years. He is based in New York

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