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TREASURIES-U.S. 3-year yield hits 7-week high after soft auction
May 9, 2017 / 5:29 PM / 7 months ago

TREASURIES-U.S. 3-year yield hits 7-week high after soft auction

NEW YORK, May 9 (Reuters) - U.S. Treasury yields touched session highs on Tuesday with three-year yield hitting a seven-week high following soft results at $24 billion three-year auction, the first leg of this week’s $62 billion quarterly refunding.

The three-year yield was last up over 3 basis points at 1.560 percent, while the yield for benchmark 10-year Treasury notes was nearly 4 basis points higher at 2.414 percent. (Reporting by Richard Leong, editing by G Crosse)

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