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US sells 3-year notes at 2.450% vs 2.455% WI bid

US sells 3-year notes at 2.450% vs 2.455% WI bid

News
Adam Button
10/04/2018 | 17:01 GMT

Results of the 3-year auction

  • The notes were trading at 2.455% on the bid side ahead of the sale (and 2.449% on the offer)
  • Prior sale was 2.436%
  • Bid to cover at 2.85 vs 2.94 prior

Good auction. Very close to expectations.

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