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Three-Year Note Auction Attracts Above Average Demand

Apr 07, 2026 17:07 UTC

August 09, 2022 — 01:29 pm EDT Written byRTTNews.comforRTTNews-> (RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury revealed Tuesday that this mo

  • August 09, 2022 — 01:29 pm EDT Written byRTTNews
  • comforRTTNews-> (RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury revealed Tuesday that this month's auction of $42 billion worth of three-year notes attracted above average demand
  • The three-year note auction drew a high yield of 3

August 09, 2022 — 01:29 pm EDT Written byRTTNews.comforRTTNews-> (RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury revealed Tuesday that this month's auction of $42 billion worth of three-year notes attracted above average demand. The three-year note auction drew a high yield of 3.202 percent and a bid-to-cover ratio of 2.50. The Treasury sold $43 billion worth of three-year notes last month, drawing a high yield of 3.093 percent and a bid-to-cover ratio of 2.43. The bid-to-cover ratio is a measure of demand that indic

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