US treasury auctions off $46 billion of 2 year notes at a high yield of 0.193%

2 year note auction results
– high yield 0.193% vs. WI of 0.197%
– bid to cover 2.46x vs. six-month average of 2.6x
– dealers 31.2% vs. six-month average of 33.6%
The good news is that the high yield at 0.193% Tas lower than the WI level of 0.197%. Dealers also took less than the six-month average at 31.2% vs.