Bond Market Update
Updated: 09-Jul-24 11:29 ET
New Supply
Treasury Auction Preview
- $58 bln 3-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.659%
- Bid-to-cover: 2.43
- Indirect bid: 64.1%
- Direct bid: 15.9%
- Average results of previous 12 auctions:
- High yield: 4.489%
- Bid-to-cover: 2.63
- Indirect bid: 63.8%
- Direct bid: 18.9%
- Prior auction results:
