In a U.S. Treasury auction, which of the following statements is not correct? The U.S. Treasury auction is a type of Dutch auction A. B. Competitive bids are arranged from the highest price to the lowest price that bidders are willing to pay The stop-out yield is the lowest yield accepted by the Treasury The auction results are determined by deducting the total noncompetitive tenders and nonpublic purchases from the total securities being auctioned