Soft demand in two-year Treasury auction via ForexLive

Yield at 0.760% compared to 0.748% in the WI market - Bid to cover at 2.52 vs 2.72 prior - Indirects at 29.9% (lowest since July 2014) - Directs 59.8% That could be some apprehension about a hawkish Fed but that might be reading too much into a single auction result.

posted via ForexLive