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%
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