April 25, 2018 / 5:14 PM / 5 months ago

U.S. 5-year note sold at highest yield since 2008

NEW YORK, April 25 (Reuters) - The U.S. Treasury Department on Wednesday sold $35 billion of five-year government notes at a yield of 2.837 percent, the highest yield at an auction of this debt maturity since September 2008, Treasury data showed.

The ratio of bids to the amount of five-year notes offered was 2.49, a shade below the 2.50 at the prior five-year auction held in March. (Reporting by Richard Leong Editing by James Dalgleish)

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