The Treasury Department today auctioned $35 billion of two-year notes with a 1/4% coupon at a 0.250% yield and priced at par.

The bid-to-cover ratio was 3.75% Tenders at the high yield were allotted 38.96%. The median yield was 0.242%. The low yield was 0.179%.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.