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Originally published Tuesday, May 11, 2010 at 2:17 PM

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Summary Box: Bond yields mixed after 3-yr auction

MIXED MOOD: Interest rates traded in a narrow range in the bond market Tuesday after an auction of three-year notes was met with strong demand.

The Associated Press

MIXED MOOD: Interest rates traded in a narrow range in the bond market Tuesday after an auction of three-year notes was met with strong demand.

AUCTION: The government sold $38 billion in three-year notes. The bid-to-cover ratio, a measure of demand, was relatively high at 3.27.

MORE TO COME: The government is selling $24 billion in 10-year notes on Wednesday and $16 billion in 30-year bonds on Thursday.

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