Treasurys are mixed after auction of 5-year notes

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Treasury prices were little changed Wednesday after the government raised $35 billion in a sale of five-year notes.

The Treasury Department auctioned the notes at a yield of 0.75 percent. Demand was weaker than in recent auctions. Bond buyers placed $2.61 in bids for every dollar up for sale. That’s below the average of $2.98 over the past six months.

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