US 3-Year Auction High Yield Rises From Previous Month, Demand Slightly Higher

01:06 PM EDT, 09/08/2026 (MT Newswires) -- The US Treasury's 3-year auction hit a high yield of 4.474% on Tuesday, up from the 4.291% high in the previous auction. The bid to cover ratio for the auction was 2.72, above the 2.71 ratio in the previous auction. Dealers represented 57.46% of the bids, with direct bidders at 14.04% and indirect bidders at 28.50%. For takedown, dealers took 10.91%, with direct bidders at 26.94% and indirect bidders at 62.15%.