US Treasury 5-Year Bond Yield Hits 5.033%, First Above 5.0% Since 2006
The US Treasury Department conducted a $70 billion 5-year bond auction on the 23rd (local time), with the yield determined at 5.033% amid significantly weak demand. This marks the first time the auction yield has exceeded 5.0% since 2006, surging 64.0 basis points from the previous month's 4.393%. T
GateMacroTradfiHub·09-23 19:47
