March 7, 2017 / 6:26 PM / 5 months ago

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

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NEW YORK, March 7 (Reuters) - The U.S. Treasury Department on Tuesday sold $24 billion of three-year government notes at a yield of 1.630 percent, which was the highest yield at an auction of that maturity since April 2010, Treasury data showed.

The ratio of bids to the amount of three-year debt offered was 2.74, which was the lowest since December but close to its recent average. (Reporting by Richard Leong; Editing by Meredith Mazzilli)

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