Bond Market Update

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

Treasury Auction Preview

  • $39 bln 10-year Treasury note reopening (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.347%
      • Bid-to-cover: 2.59
      • Indirect bid: 61.7%
      • Direct bid: 23.6%
    • Average results of previous 12 auctions:
      • High yield: 4.234%
      • Bid-to-cover: 2.52
      • Indirect bid: 67.4%
      • Direct bid: 17.4%
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