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US sells 3-year notes at 0.802% vs 0.800% expected

US sells 3-year notes at 0.802% vs 0.800% expected

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Adam Button
11/03/2014 | 17:01 GMT
  • The bid in the When Issued market was 0.800% just before the results
  • The prior 3-year auction sold at 0.715%
  • Bid-to-cover at 3.25 compared to 3.42 at prior sale
  • $30 billion sale

Very close to expectations and unlikely to move the broader market.

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