US 3-year notes expected to yield 2.440% in upcoming auction

3-year notes to be auctioned off at the bottom of the hour

  • The notes are trading at 2.440/2.435% on the bid/ask in the WI market
  • They sold at 2.280% at the previous auction

I wouldn't expect much reaction in the dollar but it will set the stage for the 10-year sale in 90 minutes.

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