Bid to cover strong at 3.00 vs 2.76 at the last auction
The US sold 3 year notes today at a yield of 1.5%
- The bid to cover was a strong 3.00 vs 2.76 last. That was the strongest since 2015
- 65.6% awarded to indirect bidders
- The yield was the lowest since February.
The issue has traded at 1.483% after the successful auction.