Bond Market Update

Updated: 29-Aug-24 11:29 ET
New Supply

Treasury Auction Preview

  • $44 bln 7-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.162%
      • Bid-to-cover: 2.64
      • Indirect bid: 74.4%
      • Direct bid: 16.8%
    • 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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