- The $32B sale was trading at 0.325% in the ‘when issued’ market
- 3.36 bid-to-cover (below the 3.70 avg of the past 4 auctions)
Fractionally soft, nothing to see here.
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US 3-year note sells at 0.327% vs 0.325% exp
US 3-year note sells at 0.327% vs 0.325% exp
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