Bond Market Update
Updated: 06-Aug-24 11:30 ET
New Supply
Treasury Auction Preview
- $58 bln 3-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.399%
- Bid-to-cover: 2.67
- Indirect bid: 64.0%
- Direct bid: 21.3%
- Average results of previous 12 auctions:
- High yield: 4.478%
- Bid-to-cover: 2.62
- Indirect bid: 63.3%
- Direct bid: 19.1%
- Prior auction results:
