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%
- Prior auction results: