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%
- Prior auction results: