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Cantor Fitzgerald's Justin Lederer.......>

US TSYS/2Y
US TSYS/2Y: Cantor Fitzgerald's Justin Lederer expects "decent demand" on this
afternoon's $28B 2Y note auction -- "set to be auctioned at the highest yield
since August 2008 (2.38%)." Lederer mentions a caveat with the Fed likely hiking
.25 at the next FOMC annc on Mar 21, that some may shy away from today's
auction, "continuing to look for higher rates...and increased Treasury issuance
going forward."

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