Treasury 6-Year, 4-Month Notes Go At 3.228% High

The Treasury Department yesterday auctioned six-year, 4-month notes with a 4.000% coupon at a 3.228% yield, a price of 104.384130.

The bid-to-cover ratio was 2.37.

Tenders at the high yield were allotted 75.84%.

The median yield was 3.150%. The low yield was 2.400%.

The six-year, four-month notes are dated Oct. 15 and due Feb. 15, 2015.

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