September 11, 2017 / 5:20 PM / 2 months ago

Demand at U.S. 3-year note sale weakest since April

NEW YORK, Sept 11 (Reuters) - Overall demand for $24 billion of U.S. three-year Treasury notes was the weakest since April with their yield sold at the lowest in seven months, Treasury data showed on Monday.

The ratio of bids to the amount of three-year notes offered came in at 2.70. At the prior three-year auction in August, this gauge of total auction demand was 3.13 which was the strongest since December 2015. (Reporting by Richard Leong; Editing by Chris Reese)

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