美国财政部发行700亿美元5年期国债中标收益率3.747%，比投标截止时的发行前交易水平高出大约0.1 个基点。拍卖数据显示需求情况良好，一级交易商获配比例较低。基准5年期国债收益率当日仍上升约 2.5个基点，但已经远离盘中高点。 一级交易商获配8.8%，低于前六次拍卖的平均水平10.7%；直接投标人获配比例达到31.7%的高水平 （平均水平27.5%）。间接投标人获配比例为59.5%，略低于61.9%的平均值。 投标倍数2.35倍，之前六次平均2.36倍。 责任编辑：李桐 一级交易商获配8.8%，低于前六次拍卖的平均水平10.7%；直接投标人获配比例达到31.7%的高水平 （平均水平27.5%）。间接投标人获配比例为59.5%，略低于61.9%的平均值。 投标倍数2.35倍，之前六次平均2.36倍。 责任编辑：李桐 美国财政部发行700亿美元5年期国债中标收益率3.747%，比投标截止时的发行前交易水平高出大约0.1 个基点。拍卖数据显示需求情况良好，一级交易商获配比例较低。基准5年期国债收益率当日仍上升约 2.5个基点，但已经远离盘中高点。 ...

Core Viewpoint - The U.S. Treasury issued $58 billion in 3-year bonds with a winning yield of 3.579%, indicating stronger-than-expected demand [1] Summary by Categories Auction Performance - The pre-auction trading level was 3.589%, showing that demand exceeded expectations [1] - The bid-to-cover ratio was 2.85, higher than the average of 2.59 from the previous six auctions [1] Investor Distribution - Primary dealers received 9.7% of the allocation, which is lower than the previous auction [1] - Direct bidders' allocation increased to 27.3% [1] - Indirect bidders accounted for 63% of the allocation [1] Market Reaction - The market's reaction to the auction results was limited, with short-term bond yields rising by approximately 2 basis points [1] - The yield spread between 2-year and 10-year Treasury bonds narrowed by over 1 basis point [1]

Core Points - The U.S. Treasury issued $58 billion in 3-year bonds with a winning yield of 3.579% [1] - The pre-issue trading level at the time of the auction deadline was 3.589% [1]

Group 1 - The weighted average yield of the 30-year fixed-rate bond "25 Super Long Special Government Bond 02 (Continuation 2)" is 1.8808% [1] - The overall bid-to-cover ratio is 3.16, indicating strong demand for the bond [1] - The marginal bid-to-cover ratio stands at 1.68, reflecting the competitive nature of the bidding process [1]

Core Viewpoint - The U.S. Treasury issued $13 billion in 20-year bonds with a slightly lower yield than pre-issue trading levels, indicating a stable demand for long-term government debt [1] Summary by Categories Auction Results - The awarded yield for the 20-year bonds was 4.81%, slightly below the pre-issue trading level of 4.814% [1] - The previous auction yield was 4.632%, showing an increase in yield [1] Bid Metrics - The bid-to-cover ratio was 2.63, down from the previous 2.78, indicating a decrease in competitive bidding [1] - The proportion of bids from primary dealers was 17%, an increase from 8.8% in the last auction [1] - Direct bidders accounted for 12.3%, down from 22.4% previously [1] - Indirect bidders made up 70.7%, slightly up from 68.8% in the last auction [1]