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Treasury Auction

2-Year Note

July 24, 2024

B+

Key Metrics

Offered

$30B

Bid-to-Cover

3.25

94th percentile

High Yield

Tail

bp

Indirect

74.8%

94th percentile

Dealer

24.3%

Recent 2-Year Auctions

DateB/CTailIndirectGrade
July 23, 20242.81-6.6bp76.6%A
June 25, 20242.75-0.4bp65.6%C+
May 28, 20242.41bp57.9%F
April 24, 20243.33bp62.7%C+
April 23, 20242.66-7.2bp66.2%B

2-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History