{"id":430979,"date":"2026-05-27T00:40:05","date_gmt":"2026-05-26T17:40:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-treasury-auctions-69b-of-2-year-notes-at-a-high-yield-of\/"},"modified":"2026-05-27T00:40:05","modified_gmt":"2026-05-26T17:40:05","slug":"us-treasury-auctions-69b-of-2-year-notes-at-a-high-yield-of","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-treasury-auctions-69b-of-2-year-notes-at-a-high-yield-of\/","title":{"rendered":"US treasury auctions $69B of 2 year notes at a high yield of"},"content":{"rendered":"<div>\n<p>The US treasury auctions $69B of 2 year notes at a high yield of 4.071%<\/p>\n<ul>\n<li>WI at the time of the auction 4.071%<\/li>\n<li>Bid to cover 2.64X vs average of 2.62X<\/li>\n<li>Dealers 12.3%  vs 12.8 avg<\/li>\n<li>Directs 30.1% vs average of 29.2%<\/li>\n<li>Indirects 57.6% vs 6-month average of 57.9%<\/li>\n<li>Dealers 12.3% vs average of 12.8%<\/li>\n<\/ul>\n<p>Auction Grade: C<\/p>\n<p>The details are congruent with the averages over the last 6-months.<\/p>\n<p>The US yields remain down on the day but off the lows. <\/p>\n<ul>\n<li>5 year yield is down -6.4 basis points at 4.200%<\/li>\n<li>10 year yield is down -6.8 basis points at 4.504%. The yield did move below the 4.50% level to 4.475%, but could not sustain momentum below the level. Technically, the yields did move below the 200 hour MA at 4.553% and below the 38.2% of the move up from the May 19 low at 4.511%. Those levels are now close resistance levels for the 10 year yield. <\/li>\n<\/ul>\n<ul>\n<li>30 year yield is down -5.4 basis points at 5.028%. The low yield moved below the 5.00% at 4.998% but bounced back above. <\/li>\n<\/ul>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US treasury auctions $69B of 2 year notes at a high yield of 4.071% WI at the time of the auction 4.071% Bid to cover 2.64X vs average of 2.62X Dealers 12.3% vs 12.8 avg Directs 30.1% vs average of 29.2% Indirects 57.6% vs 6-month average of 57.9% Dealers 12.3% vs average of 12.8% [&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-430979","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430979","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=430979"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430979\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}