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U.S. 3-Year Notes Sold At Highest Yield Since 2010

TedTed
in The Bullpen
FYI: The U.S. Treasury Department on Tuesday sold $24 billion of three-year government notes at a yield of 1.630 percent, which was the highest yield at an auction of that maturity since April 2010, Treasury data showed.

The ratio of bids to the amount of three-year debt offered was 2.74, which was the lowest since December but close to its recent average.
Regards,
Ted
http://www.reuters.com/article/usa-auction-3year-idUSL2N1GK1DM
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