US sells 2-year notes at 2.836% vs 2.840% WI bid

US two-year note auction results:

• Prior was 2.880%

• Was trading at 2.840%/2.835% on the bid/ask in the when-issued market

• Bid-to-cover at 2.65 vs 2.67 prior

Solid auction. A tad stronger than anticipated but very close.