WI level at auction time was 2.980%
- high yield 2.983%
- Bid to cover 2.54x (6 month average of 2.67x). Lowest since July
- Direct 3% vs 9.8% last
- Indirects 49.1% vs 46.9% last
- primary dealers take 47.9%
OK auction.
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US treasury sells $37 billion of 3-year notes at 2.983%
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