The Treasury Department yesterday sold $6 billion of inflation-indexed 19-year, six-month bonds at a 2.387% yield, an adjusted price of 101.340316, with a 2 1/2% coupon.

The bid-to-cover ratio was 2.27. Tenders at the market-clearing yield were allotted 97.30%. Among competitive tenders, the median yield was 2.300% and the low yield 2.199%, Treasury said.

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