US sells 3-year notes at 0.170% vs 0.166% WI

Author: Adam Button | Category: News

Results of the three-year $50B auction

  • Prior was 0.179%
  • Bid-to-cover 2.28 vs 2.44 prior
Last month, the fall in Treasury yields reversed after waves of massive supply. The 0.4 bps tail today is a reminder that more of the same could come. There is a sale of 10s tomorrow, 30s on Thursday and 20s Friday.

For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose