The U.S. Treasury sold 2-year notes at high yield of 4.314%
- Last auction yield was at 4.887%.
- Bid to cover 2.68X versus 2.54X last auction
- Dealers take 18.63% versus 18.76% at the last auction
- Directs take 19.51% versus 23.9% at the last auction
- Indirects take 61.85% versus December .4% at the last auction
