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5 months ago
U.S. 2-year notes sold at highest yield since December
March 27, 2017 / 5:20 PM / 5 months ago

U.S. 2-year notes sold at highest yield since December

NEW YORK, March 27 (Reuters) - The U.S. Treasury Department on Monday sold $26 billion of two-year notes at a yield of 1.261 percent, the highest at an two-year auction since December, Treasury data showed.

The ratio of bids to the amount offered was 2.73, below the 2.82 at the prior two-year auction in February but above its 12-month average, Treasury data showed. (Reporting by Richard Leong; editing by Diane Craft)

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