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The U.S. Department of Treasury auctioned four-year Treasury notes at a bid rate of 4.060% with a bid-to-cover ratio of 3.15. They also auctioned eight-year Treasury notes at a bid rate of 4.470% with a bid-to-cover ratio of 2.70. The U.S. market will be closed on Thursday, so the auction took place a day earlier than usual.
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