WASHINGTON -- The Treasury today sold $16.67 billion of three-year notes at an average yield of 4.49%, up from the 4.27% incurred in the previous sale on May 11.

The coupon rate was 4 3/8%, up from 4 1/4% in the previous auction. The average price was 99.944.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.