U.S. Treasury auctioned off $58 billion of three-year notes at a high yield of 4.399%
High return: %, average of six auctions 4.390%Tail: -0.8bp, average of six auctions -0.1bpBid to Cover Ratio: 2.67x, Average of Six Auctions 2.57xMerchants: 14.8%, average of six auctions 17.0%Direct: 21.3%, average of six auctions…