Bond Market Update

Updated: 29-Aug-24 13:04 ET
Auction Out

Treasury Auction Results

  • $44 bln 7-year Treasury note auction:
    • Auction results:
      • High yield: 3.770% (When-Issued: 3.761%)
      • Bid-to-cover: 2.50
      • Indirect bid: 75.1%
      • Direct bid: 11.2%
    • Average results of previous 12 auctions:
      • High yield: 4.373%
      • Bid-to-cover: 2.56
      • Indirect bid: 68.6%
      • Direct bid: 17.5%
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