re: 2yr Treasury Nearly 4 Percent

quote:

---

Is there a place where you can buy the 2 year at par?

---

T bills pretty much always sell at a discount to par at auction since there it is zero coupon. Treasury notes/bonds (i.e. anything over a year) can sell at a discount or premium to par. It's possible an auction could sell exactly at par but not likely. What matters is the yield you get.

Some people prefer buying on the secondary market and avoid the auction. That way you know exactly what yield you are getting beforehand.

Fyi, the next 2 year note auction is this Monday. You should be able to place an order for it at Fidelity, Vanguard etc tomorrow.

You can see the results of the last several auctions here. Click on 'Notes' and look for the 2 year offerings. If you click on one, you can see what the price of a single bond sold for at auction.

https://www.treasurydirect.gov/instit/annceresult/annceresult.htm