Treasury 3-Year Notes Go At 1.445% High Yield

The Treasury Department yesterday auctioned $39 billion of three-year notes with a 1 3/8% coupon at a 1.445% yield, a price of 99.795210.

The bid-to-cover ratio was 2.76. Tenders at the high yield were allotted 61.96%.

The median yield was 1.387%. The low yield was 1.320%. Tenders totaled $107,625,244,800 and the Treasury accepted $39,000,006,800.

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