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The Treasury Department announced the results of this month's auction of $45 billion worth of three-year notes on Tuesday, revealing the sale attracted strong demand. The three-year note auction drew a high yield of 2.809 percent and a bid-to-cover ratio of 2.59.

After moving to the downside early in the session, treasuries showed a notable turnaround over the course of the trading day on Monday. Bond prices climbed well off their initial lows and into positive territory.

Following the sell-off seen in the previous session, treasuries saw further downside during trading on Friday. Bond prices fluctuated in morning trading but remained firmly negative throughout the afternoon.

Treasuries showed a substantial move to the downside during trading on Thursday, more than offsetting the advance seen going into the close of the previous session. Bond prices climbed off their worst levels in the final hour of trading but remained sharply lower.

After seeing modest weakness for much of the session, treasuries showed a significant move to the upside going into the close of trading on Wednesday. Bond prices moved sharply higher in the final minutes of trading, closing firmly positive.

The Treasury Department on Wednesday announced the details of this month's auctions of three-year and ten-year notes and thirty-year bonds.

Treasuries saw considerable volatility in morning trading on Friday before spending the afternoon in negative territory. Bond prices regained some ground going into the close but remained in the red.

Treasuries moved to the downside during trading on Thursday, extending the pullback seen in the previous session. Bond prices moved lower early in the session and remained firmly negative throughout the day.

Finishing off this week's series of announcement of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $44 billion worth of seven-year notes attracted above average demand.

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