Bond Market Update

Updated: 09-Jul-24 13:04 ET
Auction Out

Treasury Auction Results

  • $58 bln 3-year Treasury note auction:
    • Auction results:
      • High yield: 4.399% (When-Issued: 4.407%)
      • Bid-to-cover: 2.67
      • Indirect bid: 64.0%
      • Direct bid: 21.3%
    • Average results of previous 12 auctions:
      • High yield: 4.489%
      • Bid-to-cover: 2.63
      • Indirect bid: 63.8%
      • Direct bid: 18.9%
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