US Economy Deals and Investments

U.S. Treasury Raises $58B via 3-Year Note Auction at 3.965% Yield

The U.S. Treasury auctioned $58 billion of three‑year Treasury notes, achieving a high yield of 3.965% with a bid‑to‑cover ratio of 2.54×. The auction was graded D+ due to weaker demand relative to recent averages.