The Treasury sells $44B in two-year notes at 0.802% (.pdf). Bid-to-cover ratio of 3.16 vs. a...

|By:, SA News Editor

The Treasury sells $44B in two-year notes at 0.802% (.pdf). Bid-to-cover ratio of 3.16 vs. a recent 3.07; indirect bidders take 44.5% vs. a recent 43%. The Treasury also sold $61B in short-term bills - the closely watched three-month bill at 0.041% - to kick off a big week in debt sales.