Bid a bit stronger than expected
- Bid to cover at 2.82 vs 3.14 at previous auction
The broader market is unfazed by the 0.7 bps stop through (and by the weakness in stocks).
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US sells 3-year notes at 1.271% vs 1.278% WI
US sells 3-year notes at 1.271% vs 1.278% WI
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