The Treasury Department Tuesday auctioned $33 billion of three-year notes with a 3/4% coupon at a 0.790% yield and a price of 99.881642.

The bid-to-cover ratio was 3.21. Tenders at the high yield were allotted 25.34%. All competitive tenders at lower yields were accepted in full. The median yield was 0.746%. The low yield was 0.691%.

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