US 2-year note auction high yield 4.189% [stop-through 0.3 bps] bid-to-cover 2.64 sells $69 bln awards 5.66% of bids at high primary dealers take 10.2...

The U.S. Treasury conducted a 2-year note auction on June 23, 2026, with a high yield of 4.189% (stop-through 0.3 bps), a bid-to-cover ratio of 2.64, and total sales of $69 billion; awards were made to 5.66% of bids, with primary dealers receiving 10.2%, direct bidders 34.3%, and indirect bidders 55.5%, according to the news release.