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Latest Business News

Rates Rise on Three-Year Treasury Notes

Tuesday, February 07, 2006 2:25:15 PM

WASHINGTON (AP) - Interest rates on three-year Treasury notes rose to the highest level in nearly six years in a government auction on Tuesday.

The Treasury Department auctioned $21 billion in three-year notes at a yield of 4.595 percent, up from 4.458 percent at the last auction of three-year notes held on Nov. 15.

It was the highest yield for three-year notes since they brought 5.633 percent in May 1998.


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