US treasury auctions off $60 billion of two-year notes
- WI 0.152%
- High yield 0.152%
- Dealers 31.73% vs 32.6% six month average
- Directs 17.58% vs 15.1% six month average
- Indirects 50.7% vs 52.3% six month average
No big surprises in the auction. The numbers were near 6 month averages. The high yield was right on the WI level at the time of the auction.