Bond Market Update

Updated: 25-Jun-24 13:03 ET
Auction Out

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 4.706% (When-Issued: 4.706%)
      • Bid-to-cover: 2.75
      • Indirect bid: 65.6%
      • Direct bid: 20.9%
    • Average results of previous 12 auctions:
      • High yield: 4.777%
      • Bid-to-cover: 2.66
      • Indirect bid: 63.8%
      • Direct bid: 20.7%
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