Bond Market Update

Updated: 10-Jul-24 11:20 ET
New Supply

Treasury Auction Preview

  • $39 bln 10-year Treasury note reopening (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.438%
      • Bid-to-cover: 2.67
      • Indirect bid: 74.6%
      • Direct bid: 13.8%
    • Average results of previous 12 auctions:
      • High yield: 4.278%
      • Bid-to-cover: 2.52
      • Indirect bid: 66.9%
      • Direct bid: 17.8%
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