U.S. 3-year notes high yield 4.932%
TLT•The U.S. Treasury’s auction of 3-year notes produced a high yield of 4.932% and a bid-to-cover ratio of 2.62. Total accepted bids were $58 billion.
1. Auction results
The U.S. Treasury said its auction of 3-year notes produced a high yield of 4.932%, a median yield of 4.880% and a bid-to-cover ratio of 2.62. Total accepted bids were $58 billion, against $151.7 billion in public bids tendered.
