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Treasury Auction

2-Year Note

April 24, 2024

C+

Key Metrics

Offered

$30B

Bid-to-Cover

3.33

97th percentile

High Yield

Tail

bp

Indirect

62.7%

48th percentile

Dealer

36.3%

Recent 2-Year Auctions

DateB/CTailIndirectGrade
April 23, 20242.66-7.2bp66.2%B
March 25, 20242.62+0.5bp65.8%C+
February 26, 20242.49+2.1bp65.2%D+
January 24, 20243.61bp83.5%A+
January 23, 20242.57-0.5bp65.3%C

2-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History