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US 5-Year Note Auction High Yield 4.408% [Tail +0.9 bps] Bid-to-cover 2.28 Sells $70 bln Awards 51.71% of bids at high Primary Dealers take 13.5% Direct 27.2%

Banking With Billy News • 2026-07-27 17:03 UTC • By Billy Odell Tucker-Robinson
US 5-Year Note Auction High Yield 4.408% [Tail +0.9 bps] Bid-to-cover 2.28 Sells $70 bln Awards 51.71% of bids at high Primary Dealers take 13.5% Direct 27.2%
US 5-Year Note Auction High Yield 4.408% [Tail +0.9 bps] Bid-to-cover 2.28 Sells $70 bln Awards 51.71% of bids at high Primary Dealers take 13.5% Direct 27.2% Indirect 59.2%
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