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Tuesday, May 23, 2017

Two-Year Note Auction Attracts Above Average Demand

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The Treasury Department kicked off this week’s series of long-term securities auctions with the sale of $26 billion worth of two-year notes on Tuesday, attracting above average demand. The two-year note auction drew a high yield of 1.316 percent and a bid-to-cover ratio of 2.90. Last month, the Treasury also sold $26 billion worth of …

The post Two-Year Note Auction Attracts Above Average Demand appeared first on ForexTV.

May 23, 2017 at 10:53PM

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from Insta Forex

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