US sells 2-year notes 4.365% vs 4.365% WI

<ul><li>Prior was 4.314%</li><li>Bid to cover at 2.57 vs 2.56 prior</li></ul><p>Yield moved up from last month. Ahead of this sale, Six of the last eight 2-year auctions stopped through by an average of 0.7 basis points, according to BMO. There was no drama with this one as it landed right on the screws.</p>

This article was written by Adam Button at www.forexlive.com.