U.S. Treasury's Three-Year Note Auction Expected to Go Well — Market Talk

U.S. three-year yields have risen by 48 basis points since the last auction and if they clear at this level, it would be the highest yielding three-year auction since May 2006, J.P. Morgan strategists say ahead of Tuesday's three-year note auction. The U.S. Treasury will auction $58 billion in thre…