By: Michael Mackenzie, Elizabeth Stanton
Five-year notes were the worst performer among Treasury benchmarks, with yields rising by more than 5 basis points, though all rose by at least 4 basis points. The $70 billion auction — the largest of the US government's monthly note and bond sales — still drew the lowest yield since April 2023. Oracle sold $6.25 billion of bonds in the day's largest corporate issue, a four-part sale with 30- and 40-year segments.