The week’s offerings closed the books on $2.153 trillion of government debt sales in 2012 that set a record for demand. The Treasury attracted $3.15 in bids for each dollar of the notes and bonds it sold, surpassing last year’s bid-to-cover ratio of 3.04 and the 2010 mark of 2.99.
Treasuries Yields Rise as Lawmakers Wrangle in Budget Showdown - Bloomberg
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