Bond Market Update

Updated: 26-Jun-24 13:03 ET
Auction Out

Treasury Auction Results

  • $70 bln 5-year Treasury note auction:
    • Auction results:
      • High yield: 4.331% (When-Issued: 4.335%)
      • Bid-to-cover: 2.35
      • Indirect bid: 68.9%
      • Direct bid: 17.7%
    • Average results of previous 12 auctions:
      • High yield: 4.349%
      • Bid-to-cover: 2.44
      • Indirect bid: 66.2%
      • Direct bid: 18.3%
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