August 6, 2019 / 5:15 PM / 14 days ago

U.S. 3-year notes sold at lowest yield in 2 years

NEW YORK, Aug 6 (Reuters) - The U.S. Treasury Department on Tuesday sold $38 billion in three-year government notes at a yield of 1.562%, the lowest yield at an auction for this debt maturity since September 2017, Treasury data showed.

The ratio of bids to the amount of three-year notes was 2.41, up from 2.39 at the prior three-year auction in July. (Reporting by Richard Leong; Editing by Dan Grebler)

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