Bond Market Update

Updated: 25-Jul-24 13:03 ET
Auction Out

Treasury Auction Results

  • $44 bln 7-year Treasury note auction:
    • Auction results:
      • High yield: 4.162% (When-Issued: 4.166%)
      • Bid-to-cover: 2.64
      • Indirect bid: 74.4%
      • Direct bid: 16.8%
    • Average results of previous 12 auctions:
      • High yield: 4.367%
      • Bid-to-cover: 2.54
      • Indirect bid: 68.2%
      • Direct bid: 17.4%
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