Bond Market Update
Updated: 23-Jul-24 11:10 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.706%
- Bid-to-cover: 2.75
- Indirect bid: 65.6%
- Direct bid: 20.9%
- Average results of previous 12 auctions:
- High yield: 4.780%
- Bid-to-cover: 2.65
- Indirect bid: 63.6%
- Direct bid: 21.0%
- Prior auction results:
