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%
- Prior auction results: