Bonds flat to negative before 3-year note sale

NEW YORK (BestGrowthStock) – Treasury debt prices shed early gains on Tuesday to trade flat to negative in price ahead of the auction of $32 billion of three-year Treasury notes.

Three-year notes were trading 2/32 lower in price to yield 0.55 percent, up from 0.53 percent late on Friday, while benchmark 10-year Treasury notes were unchanged in price to yield 2.40 percent.

(Reporting by Chris Reese; Editing by James Dalgleish)

Bonds flat to negative before 3-year note sale