The Treasury sells $35B in two-year notes at 0.789% (.pdf). Bid-to-cover ratio of 3.16, vs. a...

|By:, SA News Editor

The Treasury sells $35B in two-year notes at 0.789% (.pdf). Bid-to-cover ratio of 3.16, vs. a recent 3.48; indirect bidders take 33%, vs. a recent 29.8%. Direct bidders take 13.3%, vs. a recent 15.1%.