Bond Market Update
Updated: 25-Jun-24 11:30 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.917%
- Bid-to-cover: 2.41
- Indirect bid: 57.9%
- Direct bid: 25.5%
- Average results of previous 12 auctions:
- High yield: 4.777%
- Bid-to-cover: 2.66
- Indirect bid: 63.8%
- Direct bid: 20.7%
- Prior auction results:
