Bond Market Update
Updated: 21-Aug-24 11:30 ET
New Supply
Treasury Auction Preview
- $16 bln 20-year Treasury bond auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.466%
- Bid-to-cover: 2.68
- Indirect bid: 77.2%
- Direct bid: 14.3%
- Average results of previous 12 auctions:
- High yield: 4.605%
- Bid-to-cover: 2.62
- Indirect bid: 70.2%
- Direct bid: 18.5%
- Prior auction results:
