US sells 3-year notes at 4.332% vs 4.320% WI

  • Results of $58 billion three-year sale
US bonds

This auction was moved up by a day because of Jimmy Carter's funeral.

  • Prior was 4.117%
  • Bid to cover vs 2.58 prior

All three auctions of threes tailed in Q4 and we start off Q1 with another one. The market might forgive this one given the scheduling but that raises the stakes for sales later this week.

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