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US 5-Year Note Auction High yield 4.393% (Tail of 0.2 BPS) Bid-to-Cover 2.37 Sells $70 bln Awards 19.22% of bids at high Primary dealers take 10.05% Direct 28.

Banking With Billy News • 2026-08-26 17:05 UTC • By Billy Odell Tucker-Robinson
US 5-Year Note Auction

High yield 4.393% (Tail of 0.2 BPS)
Bid-to-Cover 2.37
Sells $70 bln
Awards 19.22% of bids at high
Primary dealers take 10.05%
Direct 28.
US 5-Year Note Auction High yield 4.393% (Tail of 0.2 BPS) Bid-to-Cover 2.37 Sells $70 bln Awards 19.22% of bids at high Primary dealers take 10.05% Direct 28.44% Indirect 61.51%
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