The Treasury Department yesterday auctioned $30 billion of two-year notes with a 2 1/8% coupon at a 2.225% yield, a price of 99.978476.

The bid-to-cover ratio was 2.21. Tenders at the high yield were allotted 50.99%.

The median yield was 2.190%. The low yield was 2.147%.

Tenders totaled $66,232,207,900 and the Treasury accepted $30,000,077,900, including $546,207,900 of noncompetitive.

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