WASHINGTON -- The Treasury yesterday sold $17.01 billion of two-year notes at a yield of 4.27%, up from the 3.94% yield incurred in the previous auction on Oct. 25 and the highest since the 4.28% incurred on Jan. 26.

The coupon rate was 4 1/4%, up from 3 1/8% in the previous auction. The price was 99.962.

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