Bond Market Update

Updated: 26-Jun-24 11:27 ET
New Supply

Treasury Auction Preview

  • $70 bln 5-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.553%
      • Bid-to-cover: 2.30
      • Indirect bid: 65.0%
      • Direct bid: 15.4%
    • 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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