Treasury 3-year notes go at 1.750% high yield on Nov. 7
The Treasury Department Tuesday auctioned $24 billion of three-year notes with a 1 3/4% coupon at a 1.750% high yield, a price of par.
The bid-to-cover ratio was 2.76.
Tenders at the high yield were allotted 55.06%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.699%. The low yield was 1.188%.
Tenders totaled $66,202,378,300 and the Treasury accepted $24,000,062,300, including $62,228,300 non-competitive.
The Fed banks bought $2,918,371,200 for their own account in exchange for maturing securities.
The notes, dated Nov. 15, will mature Nov. 15, 2020.