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

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.