Auction History: US to sell USD 69bln of 2-year notes at 18:00GMT/13:00EST

US 2-YEAR NOTE AUCTION RECENT HISTORY:

• High Yield: (prev. 3.580%, six-auction avg. 3.547%)
• Tail: (prev. -1.4bps, six-auction avg. -0.5bps)
• Bid-to-Cover: (prev. 2.75x, six-auction avg. 2.63x)
• Dealers: (prev. 7.3%, six-auction avg. 10.7%)
• Directs: (prev. 28.3%, six-auction avg. 32.0%)
• Indirects: (prev. 64.4%, six-auction avg. 57.4%)