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%
- Prior auction results: