The Treasury Department successfully auctioned $16 billion of two-year notes on Tuesday, sparking a rally in the government securities market.
The average yield on the notes was 3.94%, versus 4.26% at the previous auction, on July 27.
Limited Time Offer
Save $400 off your subscription. Special offer ends April 30, 2017.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In