WASHINGTON - The Treasury yesterday sold $16.02 billion of two-year notes at a yield of 3.94%, unchanged from the 3.94% yield incurred in the previous auction on Sept. 21.

The coupon rate was 3 7/8%, unchanged from 3 7/8% in the previous auction. The price was 99.876.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.