We report the applicability of YBa/sub 2/Cu/sub 3/O/sub 7-y/ (YBCO) SQUIDs fabricated by field-emission electron beam source. The junctions show hysteresis and self-resonance steps related to a high frequency resonance in the dc SQUID loop at a voltage V/sub res/=/spl Phi//sub 0//2/spl pi/(LC/2)/sup 1/2/ around 0.3 T/sub c/. The noise spectrum of the SQUIDs was measured with dc-bias schemes at different temperatures and showed values around 10/sup -4/ /spl Phi//sub 0//Hz/sup 1/2/ down to frequencies of 10 Hz at 40 K. The influence of magnetic flux, operating temperatures and flux-voltage transfer factor (|dV/d/spl Phi/|) were investigated. We also tested inverter operation of a dc-biased Josephson logic gate composed of an rf SQUID and a dc SQUID to realize logic circuit performance. Operation of the inverter has been successfully demonstrated although the operating temperature is low, around 10 K.