December 8, 2022

Forex Solution

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US sells 3-year notes at 0.426% vs 0.424% WI

1 min read

US $58 billion, 3-year note sale

This is a touch on the soft side and we’re seeing a bit of selling in Treasuries afterwards, particularly in the front end. The market is focused on the 10-year sale later and that will have larger reverberations.

5s are back above 0.80% after trading at a low of 0.765% earlier today. That’s a decent move in the belly.

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