Mumbai, Jan. 13 -- The Treasury Department on Monday announced the results of this month's auctions of $58 billion worth of three-year notes and $39 billion worth of ten-year notes, with both auctions attracting average demand. The three-year note auction saw a high yield of 3.60 percent and a bid-to-cover ratio of 2.65. Last month, the Treasury also sold $58 billion worth of three-year notes, drawing a high yield of 3.61 percent and a bid-to-cover ratio of 2.64. The ten previous ten-year note auctions had an average bid-to-cover ratio of 2.55.

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