Treasury auctions $54B in 2-year notes

Rick Santelli reports the U.S. Treasury has auctioned $54 billion in two-year notes. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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  1. What are the TRILLIONS in REPO loans for ?? The system is broken !!! Worse than 2008 and worse than 1929 !! These mouthpieces for the FED just won't tell you the truth.

  2. This confirms FED will follow thru and keep the $ stronger. The local bidders are the banks eager to sell it back to the fed, they haven’t stopped QE

  3. This is very good news. The 2yr tanking has been undermining all future cash flows -it is time it got a bid and it is good that it is international. Now if it can hover we can concentrate on capacity and supply. Investing in supply and undoing QE is all we need to contain inflation.

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