Bond Market Update
Updated: 10-Sep-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: 3.810%
- Bid-to-cover: 2.55
- Indirect bid: 64.4%
- Direct bid: 20.3%
- Average results of previous 12 auctions:
- High yield: 4.429%
- Bid-to-cover: 2.59
- Indirect bid: 62.5%
- Direct bid: 19.4%
- Prior auction results: