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US sells 2-year Treasury notes at 4.706% vs 4.706% WI

June 25, 2024 at 06:02PM
Right on the screws.

Prior was 4.917%

Yields were above 5% in April and parts of May but have come down as Fed cuts creep closer and inflation cools. T-bills still yield 5.37% so you have the choice to roll or lock in for two years.

We get 5s tomorrow and 7s on Thursday.

This article was written by Adam Button at www.forexlive.com.

US sells 2-year Treasury notes at 4.706% vs 4.706% WI