U.S. 3-Year Treasury Auction Yield Reaches September Low, Yet Edges Up from Pre-auction Levels
2025-08-06 / Read about 0 minute
Author:小编   

The U.S. Treasury Department auctioned $58 billion in 3-year Treasury notes, achieving a winning yield of 3.669%, the lowest since September. The short-term bond market met this auction with a muted response, as yields hovered near the intraday high. Notably, primary dealers' allocation ratio hit its highest point since April, albeit the bid-to-cover ratio fell slightly below the average of the previous six auctions.