US 3 Yr Note Auction
High Yield 4.627% [Tail of 0.5 BPS] Bid-to-cover 2.53 Sells $58 bln Awards 73.41% of bids at high Primary Dealers take 9.48% Direct 35.04% Indirect 55.48%
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06:30:09 PM UTC
SquawkNews
WASHINGTON (dpa-AFX) - On Monday, the Treasury Department announced the results of this month's auction of $58 billion worth of three-year notes, revealing the sale attracted below average demand.The three-year note auction drew a high yield of 4.637 percent and a bid-to-cover ratio of 2.53.Last mo…