US sells 2-year notes 0.648% at % vs 0.650% WI

Results of the US 2-year $26 billion sale:

• Highest yield since December
• They sold at 0.540% last month
• 3.40 bid-to-cover
• 10-auction avg on the bid-to-cover is 3.42

Short end sales don't usually spill over to FX and they never do when they're this close to expectations.