US sells 2-year notes at 4.274% vs 4.292% WI ...Middle East

Prior was 4.13%Indirects were awarded 71.6% vs. an average of 65.8%, that's also the 2nd highest on recordEven with today's big rally in fixed income, this is the highest yield in four months. Still, it's a 1.8 bps stop through and that highlights real-money demand for fixed income, which is an impressive endorsement of Scott Bessent. This article was written by Adam Button at www.forexlive.com.

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