Bond Market Update
Updated: 08-Oct-24 11:27 ET
New Supply
Treasury Auction Preview
- $58 bln 3-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 3.440%
- Bid-to-cover: 2.66
- Indirect bid: 78.2%
- Direct bid: 11.3%
- Average results of previous 12 auctions:
- High yield: 4.327%
- Bid-to-cover: 2.58
- Indirect bid: 64.2%
- Direct bid: 18.5%
- Prior auction results:
