Bond Market Update

Updated: 07-Aug-24 11:30 ET
New Supply

Treasury Auction Preview

  • $42 bln 10-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.276% 
      • Bid-to-cover: 2.58
      • Indirect bid: 67.6%
      • Direct bid: 20.9%
    • Average results of previous 12 auctions:
      • High yield: 4.313%
      • Bid-to-cover: 2.52
      • Indirect bid: 66.9%
      • Direct bid: 17.9%
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