Bond Market Update
Updated: 27-Aug-24 13:03 ET
Auction Out
Treasury Auction Results
- $69 bln 2-year Treasury note auction:
- Auction results:
- High yield: 3.874% (When-Issued: 3.880%)
- Bid-to-cover: 2.68
- Indirect bid: 69.0%
- Direct bid: 19.1%
- Average results of previous 12 auctions:
- High yield: 4.748%
- Bid-to-cover: 2.65
- Indirect bid: 64.5%
- Direct bid: 20.4%
- Auction results:
