Bond Market Update
Updated: 24-Jul-24 11:29 ET
New Supply
Treasury Auction Preview
- $70 bln 5-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.331%
- Bid-to-cover: 2.35
- Indirect bid: 68.9%
- Direct bid: 17.7%
- Average results of previous 12 auctions:
- High yield: 4.375%
- Bid-to-cover: 2.43
- Indirect bid: 66.3%
- Direct bid: 18.2%
- Prior auction results:
