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Treasury Auction

2-Year Note

February 26, 2024

F

Key Metrics

Offered

$63B

Bid-to-Cover

2.49

th percentile

High Yield

4.691%

Tail

bp

Indirect

65.2%

Dealer

14.7%

Recent 2-Year Auctions

DateB/CTailIndirectGrade
January 24, 20243.61bp83.5%F
January 23, 20242.57bp65.3%F
December 26, 20232.68bp61.9%F
November 27, 20232.54bp57.4%F
October 25, 20233.23bp71.7%F

2-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History