NEW YORK - The Treasury Department auctioned $24 billion of 10-year notes with a 2% coupon at a 2.030% high yield, a price of 99.729725.
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The bid-to-cover ratio was 2.64.
Tenders at the high yield were allotted 62.35%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.969%. The low yield was 1.865%.
Tenders totaled $63,267,704,100 and the Treasury accepted $24,000,041,600 including $29,204,100 non-competitive.
The Fed banks bought $1,836,365,500 for their own account in exchange for maturing securities.
The notes, which are dated Nov. 15, will mature Nov. 15, 2021.
