2-year note auction

1. 
   Indirect bidders buy 35.8% of 2-year note auction
2. 
   Bidders offer $3.05 for each $1 in 2-yr debt sold
3. 
   Treasury sells $35 bln in 2-year debt at 0.430%
   
   Not a big demand....  http://www.marketwatch.com/story/treasurys-extend-fall-after-2-year-note-auction-2013-06-25?link=MW_home_latest_news
4. 
   The Treasury Department sold $35 billion in 2-year notes 2_YEAR +2.25% Tuesday at a yield of 0.430%, the highest yield since May 2011. Bidders offered to buy 3.05 times the amount of debt sold, compared to an average of 3.32 times at the last 4 sales. Indirect bidders, a group that includes foreign central banks, bought 35.8%, versus 21.3% in recent sales. Direct bidders, which include domestic money managers, purchased another 7.8%, versus an average of 23.4%. The broader bond market fell after the auction. Yields on 10-year notes 10_YEAR +1.93% , which move inversely to prices, rose 5.5 basis points on the day after the auction to 2.597%