FeedbackThe Treasury will auction off $81 billion in additional notes this week, starting with today’s sale of $40 billion 3-year notes. The 3-year note has recently been a particular favorite of foreign central banks who have represented about 49% of bids at the last few 3-year auctions.
All of the majority equity indices were lower on Monday, driven by the concerns in Europe. The Dow finished below the 10k mark for the first time since last November.
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Tags: 3- Year Notes, foreign central banks, Treasury Auction
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