U.S. Treasury sells 2-year notes at a high yield of 4.314%

<p>The U.S. Treasury sold 2-year notes at high yield of 4.314%</p><ul><li>Last auction yield was at 4.887%.</li><li>Bid to cover 2.68X versus 2.54X last auction</li><li>Dealers take 18.63% versus 18.76% at the last auction</li><li>Directs take 19.51% versus 23.9% at the last auction</li><li>Indirects take 61.85% versus December .4% at the last auction</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.