Bond Market Update

Updated: 28-Oct-24 11:40 ET
New Supply #2

Treasury Auction Preview

  • $70 bln 5-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 3.519%
      • Bid-to-cover: 2.38
      • Indirect bid: 70.3%
      • Direct bid: 18.2%
    • Average results of previous 12 auctions:
      • High yield: 4.213%
      • Bid-to-cover: 2.39
      • Indirect bid: 66.7%
      • Direct bid: 17.7%
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