US Treasury auctions $58B of 3 year notes at a high yield of 3.440%
High yield:3.440%WI level at auction time: 3.457%tail: -1.7 bsAverage of six auctions: 0.1 basis pointsShow Coverage: 2.66XMerchants:10.45%Direct (local demand measure):11.3%Indirect (international demand measure):78.24%Auction Grade:…
