Bond Market Update
Updated: 04-Nov-24 11:30 ET
New Supply
Treasury Auction Preview
- $58 bln 3-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 3.878%
- Bid-to-cover: 2.45
- Indirect bid: 56.9%
- Direct bid: 24.0%
- Average results of previous 12 auctions:
- High yield: 4.255%
- Bid-to-cover: 2.57
- Indirect bid: 64.3%
- Direct bid: 18.7%
- Prior auction results: