US Treasury Auction Calendar: 2Y Tail

Tsy futures retreated slightly (TYM5 -1 at 110-25) after the latest $69B 2Y note auction (91282CMY4) tailed: 3.795% high yield vs. 3.790% WI; 2.52x bid-to-cover vs. 2.66x prior. * Peripheral stats has Indirect take-up falls to 56.18% from 75.77% pri...