Bond Market Update

Updated: 10-Dec-24 11:29 ET
New Supply

Treasury Auction Preview

  • $58 bln 3-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.152%
      • Bid-to-cover: 2.60
      • Indirect bid: 70.6%
      • Direct bid: 9.6%
    • Average results of previous 12 auctions:
      • High yield: 4.209%
      • Bid-to-cover: 2.56
      • Indirect bid: 64.8%
      • Direct bid: 17.9%
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