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US 3-Year Note Auction High Yield 4.474% [Stop-through 0.1 bps] Bid-to-cover 2.72 Sells 58 bln Awards 29.35% of bids at high Primary Dealers take 10.9% Direct

Banking With Billy News • 2026-09-08 17:04 UTC • By Billy Odell Tucker-Robinson
US 3-Year Note Auction

High Yield 4.474% [Stop-through 0.1 bps]
Bid-to-cover 2.72
Sells 58 bln
Awards 29.35% of bids at high
Primary Dealers take 10.9%
Direct
US 3-Year Note Auction High Yield 4.474% [Stop-through 0.1 bps] Bid-to-cover 2.72 Sells 58 bln Awards 29.35% of bids at high Primary Dealers take 10.9% Direct 26.9% Indirect 62.1%
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