- Prior auction was 1.553%
- Bid to cover 2.46
In just a month, US 2-year yields have risen by 100 basis points.
The tail in this auction hasn't had a lasting effect but 2-year rates are up to 2.45% from a low of 2.41% earlier.
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US sells 2-year notes at 2.365% vs 2.355% WI
- Results of the 2-year note sale
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