Bond Market Update

Updated: 28-Oct-24 11:33 ET
Auction Out

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 4.130% (When-Issued: 4.122%)
      • Bid-to-cover: 2.50
      • Indirect bid: 58.2%
      • Direct bid: 23.8%
    • Average results of previous 12 auctions:
      • High yield: 4.521%
      • Bid-to-cover: 2.62
      • Indirect bid: 65.0%
      • Direct bid: 20.2%
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