The auction of $15 billion in new two-year notes also did not go too well.
The auction did not go through due to an administrative error.
The auction did not go well from the Treasury point of view.
But with the good inflation news, these auctions should go well.
On the surface, he said, it looked as though the auction should go fine.
Some traders say they expect this auction to go well because the 10-year note has been in great demand.
Actually, this auction went a lot better than the last one.
Today there is a risk that the auction doesn't go so well.
Yesterday's $17.75 billion auction of two-year notes went better than expected.
In the other room the auction went as given.