U.S. 5-year notes sell at lowest yield in 19 months
NEW YORK, May 28 (Reuters) - The U.S. Treasury Department on Tuesday sold $41 billion in five-year government notes at a yield of 2.065%, the lowest yield for this debt maturity at an auction since October 2017, according to Treasury data.
The ratio of bids to the amount of five-year notes offered was 2.38, which was lower than the 2.44 at the prior five-year auction held in April, Treasury data showed. (Reporting by Richard Leong; Editing by Dan Grebler)