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%
- Auction results: