US treasury auctions off $34 billion at 0.229% versus 0.242% WI yield

To year WI at the time of auction was at 0.242%
– WI level at the time of auction 0.242%
– tail -1.3 basis points versus six-month average of 0.8 basis points
lots of demand for the 2 year note auction has the high yield is well below the WI level of 0.242%. The auction came in at 2.229%.

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