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%
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