Five-Year Treasury Note Yields Rise: The Treasury...
From Times Staff and Wire Service Reports
Five-Year Treasury Note Yields Rise: The Treasury Department sold $8.05 billion of five-year notes at an average rate of 8.53%, up from 7.77% at the last auction on Nov. 29. It was the highest rate since five-year notes averaged 8.72% on May 25. The notes will carry a coupon interest rate of 8.5%, with each $10,000 in face value selling for $9,980.50.