Financial News: Two-Year Note Auction Attracts Average Demand

Two-Year Note Auction Attracts Average Demand

08/25/2026 - 13:13:00 (RTTNews)

(RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $69 billion worth of two-year notes attracted roughly average demand.

The two-year note auction drew a high yield of 4.204 percent and a bid-to-cover ratio of 2.60.

Last month, the Treasury also sold $69 billion worth of two-year notes, drawing a high yield of 4.315 percent and a bid-to-cover ratio of 2.66.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous two-year note auctions had an average bid-to-cover ratio of 2.62.

The Treasury is due to announce the results of this month's auctions of $70 billion worth of five-year notes and $44 billion worth of seven-year notes on Wednesday and Thursday, respectively.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Bulgaria Q2 GDP Growth Eases Less Than Estimated (02 hr(s), 16 min(s), 50 sec(s) ago)
(RTTNews) - Bulgaria's economy expanded more than initially estimated in the second quarter, ...Full Story»

Eurozone Economic Growth Revised Up To 0.6% (02 hr(s), 53 min(s), 50 sec(s) ago)
(RTTNews) - The euro area economy expanded more than initially estimated in the second quarter, un ...Full Story»

Eurozone Investor Confidence Strongest Since 2022 (03 hr(s), 36 min(s), 50 sec(s) ago)
(RTTNews) - Eurozone investor sentiment rose for the fifth straight month in September, reaching i ...Full Story»

Czech Industrial Output Growth Eases; Trade Gap Widens (03 hr(s), 55 min(s), 50 sec(s) ago)
(RTTNews) - The Czech Republic's industrial output growth moderated in July, while the country ...Full Story»

Romanian GDP Shrinks As Estimated In Q2 (04 hr(s), 29 min(s), 50 sec(s) ago)
(RTTNews) - Romania's economy contracted further as estimated initially in the second quarter ...Full Story»

German Industrial Output Falls Most In 11 Months (04 hr(s), 41 min(s), 50 sec(s) ago)
(RTTNews) - Germany's industrial output declined at the fastest pace in almost a year in July, ...Full Story»

Singapore Retail Sales Growth Eases To 1.5% (05 hr(s), 09 min(s), 50 sec(s) ago)
(RTTNews) - Singapore's retail sales growth moderated in August after accelerating in the prio ...Full Story»

Eurozone GDP Growth Revised Up (05 hr(s), 40 min(s), 50 sec(s) ago)
(RTTNews) - The euro area economy expanded more than initially estimated in the second quarter, re ...Full Story»