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US sells 3-year notes at 3.564% vs 3.550% WI

US sells 3-year notes at 3.564% vs 3.550% WI

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Adam Button
12/09/2022 | 15:32 GMT
  • Results of the 3-year Treasury auction
  • Prior was 3.202%
  • Bid to cover at 2.49 vs 2.50 prior

This sale is early today because the usual 1 pm ET slot has been taken by a 10-year auction. This 1.4 bps will put a bit of pressure on bonds but some might brush it off with so much supply today.

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