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Treasury 5-Year Notes Go at 0.889% High Yield

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Byline: Gary Siegel The Treasury Department auctioned $35 billion of five-year notes, with a 7/8% coupon, a 0.889% high yield, a price of 99.931681. The bid-to-cover ratio was 2.88. Tenders at the high yield were allotted 32.39%. All competitive tenders at lower yields were accepted in full. The ... (Publication: The Bond Buyer)

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