WASHINGTON - The Treasury yesterday sold $17.03 billion of two-year notes at a yield of 5.59%, up from the 5.15% yield incurred in the previous auction on March 22 and the highest since the 5.85% on March 24, 1992.

The coupon rate was 5 1/2%, up from 5 1/8% in the previous auction. The price was 99.953.

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.