US 2-Year Note Auction

24 Jan 2023 18:03
  • Bid-to-cover ratio 2.94.
  • High yield 4.139% vs 4.152% pre-sale when-issued yield.
  • US sells $42 bln.
  • Awards 88.25% of bids at high.
  • Primary dealers take 16.28%.
  • Direct 18.73%.
  • Indirect 64.99%