Two-Year Note Auction Attracts Average Demand
(RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $69 billion worth of two-year notes attracted roughly average demand.
(RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $69 billion worth of two-year notes attracted roughly average demand.
BELLINGS Intelligence Score: 15
Why it matters
The two-year note auction results showing average demand represent routine Treasury market activity without novel implications for credit markets or monetary policy expectations.