Financial News: Three-Year Note Auction Attracts Slightly Below Average De

Three-Year Note Auction Attracts Slightly Below Average Demand

08/05/2025 - 13:06:00 (RTTNews)

(RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $58 billion worth of three-year notes attracted slightly below average demand.

The three-year note auction drew a high yield of 3.669 percent and a bid-to-cover ratio of 2.53.

Last month, the Treasury also sold $58 billion worth of three-year notes, drawing a high yield of 3.891 percent and a bid-to-cover ratio of 2.51.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous three-year note auctions had an average bid-to-cover ratio of 2.58.

The Treasury is scheduled to announce the results of this month's auctions of $42 billion worth of ten-year notes and $25 billion worth of thirty-year bonds on Wednesday and Thursday, respectively.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German Inflation Accelerates To 2.2% In August (01 hr(s), 40 min(s), 46 sec(s) ago)
(RTTNews) - Consumer price inflation in Germany climbed in August to its highest level in five mon ...Full Story»

Poland Inflation Eases To 14-month Low (07 hr(s), 38 min(s), 46 sec(s) ago)
(RTTNews) - Poland's consumer price inflation slowed further in August to the lowest level in ...Full Story»

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August (07 hr(s), 43 min(s), 46 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»

Portugal GDP Growth Improves As Estimated, Inflation Rises (07 hr(s), 52 min(s), 46 sec(s) ago)
(RTTNews) - Portugal's economic growth accelerated as initially estimated in the second quart ...Full Story»

Chicago Business Barometer Slumps Much More Than Expected In August (08 hr(s), 01 min(s), 46 sec(s) ago)
(RTTNews) - MNI Indicators released a report on Friday showing a sharp pullback by its reading on ...Full Story»

Spain Inflation Steady At 2.7%; Retail Sales Growth Eases (08 hr(s), 43 min(s), 46 sec(s) ago)
(RTTNews) - Spain's consumer price inflation remained stable in August and retail sales growth ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In July (08 hr(s), 45 min(s), 46 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of ...Full Story»

Czech GDP Growth Eases Less Than Estimated (08 hr(s), 53 min(s), 46 sec(s) ago)
(RTTNews) - The Czech Republic's economic growth moderated less than initially estimated in t ...Full Story»