Bond Market Update
Updated: 28-Aug-24 11:29 ET
New Supply
Treasury Auction Preview
- $70 bln 5-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.121%
- Bid-to-cover: 2.40
- Indirect bid: 67.2%
- Direct bid: 18.8%
- Average results of previous 12 auctions:
- High yield: 4.371%
- Bid-to-cover: 2.41
- Indirect bid: 66.5%
- Direct bid: 17.9%
- Prior auction results:
