U.S. Treasury Auction Sees Highest Yield Since July

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3 hours ago

The U.S. Department of the Treasury has completed the auction of $58 billion in 3-year Treasury bonds, achieving a winning yield of 3.878%, marking the highest level since July. Prior to the deadline for bids, the pre-issuance trading level stood at 3.871% after a recent rise decreased yields by approximately 2.5 basis points.

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