US 2-Year Note Auction
The US Treasury's $69B 2-year note auction draws 4.189% with a bid-to-cover ratio of 2.64
5.66% allotted at the high - - Indirect bidders take 55.5% of competitive bids, direct bidders take 34.3%, primary dealers 10.2% - - **Note: When issued was 4.192% (auction stopped through by 0.4 bps)