The US government sold $38 billion worth of three-year debt in a surprisingly well-received auction on Tuesday that may bode well for sales of longer dated bonds later this week. Overall demand was high based on the bid-to-cover ratio of 3.02, which was well-above the average of 2.58 over the last 10 sales.
By editor Sep 8, 2009, 2:05 PM
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- Treasury’s 30-yr Auction Closes at 4.640%, Accepted $13B
- Treasury $16B 4-Week Auction Closes at 0.025% Yield
- 30-Year Bond Auction Sees Solid Demand
- Treasury Sells $21 Billion in 10-Year Notes at 3.754%
- Treasury’s $32B 7-Year Auction Closes at 3.345% Yield
- Treasury Sells $42B in 5-yr Notes at Top Yield
- US Treasury Sells $40B in 3-yr Notes at 1.490% High Yield
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