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U.S. 3-year note sold at highest yield since 2010
October 11, 2017 / 3:42 PM / a month ago

U.S. 3-year note sold at highest yield since 2010

NEW YORK, Oct 11 (Reuters) - The U.S. Treasury Department on Wednesday sold $24 billion of three-year government notes at a yield of 1.657 percent, the highest at an auction of this debt maturity since April 2010 when it was 1.776 percent, Treasury data showed.

The ratio of bids to the amount of three-year notes offered was 2.83, up from 2.70 at the prior auction in September. (Reporting by Richard Leong)

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