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US sells 3-year notes at 1.567% vs 1.563% WI

US sells 3-year notes at 1.567% vs 1.563% WI

News
Adam Button
07/01/2020 | 18:02 GMT

Results of the $38B sale

  • The notes were trading at 1.565%/1.560% in the when-issued market
  • Prior was 1.632%
  • Bid-to-cover 2.45 vs 2.56

This is a tad soft but not enough to get the FX market to perk up.

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