The Treasury Department yesterday auctioned $6 billion of four-year, six-month inflation-indexed notes with a 5/8% coupon, a 3.270% high yield, a price of 92.380436.

The bid-to-cover ratio was 1.81. Tenders at the high yield were allotted 0.49%. The median yield was 3.000%. The low yield was 2.850%.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.