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Demand for the US 5-year Treasury auction was weak, with the high yield reaching 5.033%, the highest since 2006.
On Wednesday, Eastern Time, the U.S. Treasury issued $70 billion in 5-year notes, with the high yield reaching 5.033%, the highest since 2006. This was notably above the pre-auction yield, indicating investors demanded higher returns to take on these bonds. This marks the 11th consecutive weak auction result for this maturity.
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Source：华尔街见闻 · Source Link
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