Bond Market Update

Updated: 23-Dec-24 11:29 ET
New Supply

Treasury Auction Preview

  • $69 bln 2-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.274%
      • Bid-to-cover: 2.77
      • Indirect bid: 71.6%
      • Direct bid: 19.2%
    • 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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