US 2-Year Note auction sets 4.204% high yield
The US 2-Year Note sale clears at a 4.204% high yield, down from 4.315%, with a 2.60 bid-cover ratio and 23.1% direct and 66.0% indirect accepted.
High Yield Rate: 4.204% (prev 4.315%) - Bid-Cover Ratio: 2.60 (prev 2.66) - Direct Accepted: 23.1% (prev 34.1%) - Indirect Accepted: 66.0% (prev 56.6%) - WI: 4.208%