WASHINGTON - The Treasury yesterday sold $17.27 billion of two-year notes at a yield of 6.55%, up from the 6.27% yield incurred in the previous auction on Aug. 23 and the highest since the 6.94% incurred on July 23, 1991.

The coupon rite was 6 1/2%, up from 6 1/4% in the previous auction. The price was 99.908.

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.