Bond Market Update

Updated: 25-Jul-24 11:29 ET
New Supply

Treasury Auction Preview

  • $44 bln 7-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.276%
      • Bid-to-cover: 2.58
      • Indirect bid: 69.7%
      • Direct bid: 18.5% 
    • 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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