The Treasury Department yesterday auctioned six-year, 4-month notes with a 4.000% coupon at a 3.228% yield, a price of 104.384130.

The bid-to-cover ratio was 2.37.

Tenders at the high yield were allotted 75.84%.

The median yield was 3.150%. The low yield was 2.400%.

The six-year, four-month notes are dated Oct. 15 and due Feb. 15, 2015.

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.