The 6 month averages for the 2 year auction
The US treasury will sell $60 billion of two-year notes at the top of the hour. Below are some of the prior auction averages:
- Last auction high yield 0.119%. The average over the last 6 months 0.139%
- Bid to cover. 2.52x six-month average
- Dealers. 32.6% six-month average
- Directs: 15.1% six-month average
- Indirects: 52.3% six month average
The current WI is trading at 0.1525%