The Treasury sells $35B in two-year notes at 0.22% - a new record auction low yield....

|By:, SA News Editor

The Treasury sells $35B in two-year notes at 0.22% - a new record auction low yield. Bid-to-cover ratio of 4.0, vs. a recent average of 3.72; indirect bidders take 30.9%, vs. last month's 31.7%. Direct bidders take 10%, vs. a previous 7.9%.