WASHINGTON -- The Treasury yesterday sold $11.01 billion of five-year notes at a yield of 6.98%, up from the 6.77% incurred in the previous sale on June 22 and the highest since the 7.05% incurred in the Sept. 24, 1991, auction.

The coupon rate was 6 7/8%, up from 6 3/4% at the previous auction. The avenge price was 99.563.

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