The Treasury sells $35B in two-year notes at 0.222% (.pdf), an all-time low yield. Bid-to-cover...

|By:, SA News Editor

The Treasury sells $35B in two-year notes at 0.222% (.pdf), an all-time low yield. Bid-to-cover ratio of 3.44, vs. a recent average of 3.19; indirect bidders take 31.7%, vs. a recent 29.7%. Direct bidders take 15.9%, vs. a recent 16.5%.