The Treasury Department on Monday announced the results of this month's auctions of $58 billion worth of three-year notes and $39 billion worth of ten-year notes, with both auctions attracting roughly average demand.
The three-year note auction drew a high yield of 3.609 percent and a bid-to-cover ratio of 2.65.
Last month, the Treasury also sold $58 billion worth of three-year notes, drawing a high yield of 3.614 percent and a bid-to-cover ratio of 2.64.
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 2.62.
The ten-year note auction drew a high yield of 4.173 percent and a bid-to-cover ratio of 2.55.
The Treasury also sold $39 billion worth of ten-year notes last month, drawing a high yield of 4.175 percent and a bid-to-cover ratio of 2.55.
The ten previous ten-year note auctions had an average bid-to-cover ratio of 2.55.
The Treasury is scheduled to announce the results of this month's auction of $22 billion worth of thirty-year bonds on Tuesday.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.