Bond Market Update
Updated: 27-Aug-24 11:30 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.434%
- Bid-to-cover: 2.81
- Indirect bid: 76.6%
- Direct bid: 14.4%
- Average results of previous 12 auctions:
- High yield: 4.748%
- Bid-to-cover: 2.65
- Indirect bid: 64.5%
- Direct bid: 20.4%
- Prior auction results:
