Bond Market Update

Updated: 23-Dec-24 13:03 ET
Auction Out

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 4.335% (When-Issued: 4.336%)
      • Bid-to-cover: 2.73
      • Indirect bid: 82.1%
      • Direct bid: 6.6%
    • Average results of previous 12 auctions:
      • High yield: 4.393%
      • Bid-to-cover: 2.63
      • Indirect bid: 65.9%
      • Direct bid: 20.1%
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