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Treasury 3-Year Notes Go at 0.392% High Yield

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Byline: Gary Siegel The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 3/8% coupon at a 0.392% yield, a price of 99.949348. The bid-to-cover ratio was 3.41. Tenders at the high yield were allotted 82.78%. All competitive tenders at lower yields were accepted in full. ... (Publication: The Bond Buyer)

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