Markets - Market News
Treasury 3-Year Notes Go at 0.392% High Yield
Tuesday, November 6, 2012
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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.

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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