Bond Market Update
Updated: 28-Oct-24 10:02 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 11:30 ET)
- Prior auction results:
- High yield: 3.520%
- Bid-to-cover: 2.59
- Indirect bid: 67.6%
- Direct bid: 19.6%
- Average results of previous 12 auctions:
- High yield: 4.521%
- Bid-to-cover: 2.62
- Indirect bid: 65.0%
- Direct bid: 20.2%
- Prior auction results:
