{"id":428903,"date":"2026-03-26T00:01:16","date_gmt":"2026-03-25T17:01:16","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/u-s-treasury-to-auction-off-69-billion-of-2-year-notes-at-the-top-of-the-hour\/"},"modified":"2026-03-26T00:01:16","modified_gmt":"2026-03-25T17:01:16","slug":"u-s-treasury-to-auction-off-69-billion-of-2-year-notes-at-the-top-of-the-hour","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/u-s-treasury-to-auction-off-69-billion-of-2-year-notes-at-the-top-of-the-hour-428903\/","title":{"rendered":"U.S. Treasury to auction off $69 billion of 2-year notes at the top of the hour"},"content":{"rendered":"<div>\n<p>The U.S. Treasury will auction off 2-year notes at the top of the hour. The auction is the 1st of 3 coupon auctions this week. Tomorrow the treasury will auction off of 5 year notes and on Thursday 7 year notes.<\/p>\n<p>Below are a review of the major components that the market will compare the actual results to the 6 month averages to determine strength or weakness from the buyers today:<\/p>\n<ul>\n<li data-section-id=\"vjn8s4\" data-start=\"0\" data-end=\"43\">High Yield: 6 month average: 3.516%\n<\/li>\n<li data-section-id=\"qo6bzx\" data-start=\"44\" data-end=\"83\">Tail: 6 month average: -0.2 bps\n<\/li>\n<li data-section-id=\"14c5wc4\" data-start=\"84\" data-end=\"128\">Bid-to-Cover: 6 month average: 2.62x\n<\/li>\n<li data-section-id=\"1w52908\" data-start=\"129\" data-end=\"168\">Dealers: 6 month average: 10.7%\n<\/li>\n<li data-section-id=\"1owyh2g\" data-start=\"169\" data-end=\"208\">Directs (a measure of domestic demand): 6 month average: 32.1%\n<\/li>\n<li data-section-id=\"1unzldb\" data-start=\"209\" data-end=\"248\" data-is-last-node=\"\">Indirects (a measure of international demand): 6 month average: 57.2%<\/li>\n<\/ul>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Treasury will auction off 2-year notes at the top of the hour. The auction is the 1st of 3 coupon auctions this week. Tomorrow the treasury will auction off of&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-428903","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=428903"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428903\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=428903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=428903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=428903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}