Bond Market Update
Updated: 23-Jul-24 13:03 ET
Auction Out
Treasury Auction Results
- $69 bln 2-year Treasury note auction:
- Auction results:
- High yield: 4.434% (When-Issued: 4.457%)
- Bid-to-cover: 2.81
- Indirect bid: 76.6%
- Direct bid: 14.4%
- Average results of previous 12 auctions:
- High yield: 4.780%
- Bid-to-cover: 2.65
- Indirect bid: 63.6%
- Direct bid: 21.0%
- Auction results:
