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Direct bidders buy most U.S. 3-year notes since October
May 9, 2017 / 5:23 PM / 3 months ago

Direct bidders buy most U.S. 3-year notes since October

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NEW YORK, May 9 (Reuters) - Bond dealers, large investment firms and other direct bidders on Tuesday purchased the most three-year Treasury notes at an auction in eight months, Treasury data showed.

The Treasury Department awarded this group of bidders 9.32 percent of the $24 billion of the three-year issue offered , which was the most since the 10.12 percent allotted last October. (Reporting by Richard Leong; Editing by David Gregorio)

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