Bond Market Update

Updated: 11-Sep-24 13:03 ET
Auction Out

Treasury Auction Results

  • $39 bln 10-year Treasury note auction:
    • Auction results:
      • High yield: 3.648% (When-Issued: 3.662%)
      • Bid-to-cover: 2.64
      • Indirect bid: 76.0%
      • Direct bid: 13.7%
    • Average results of previous 12 auctions:
      • High yield: 4.310%
      • Bid-to-cover: 2.50
      • Indirect bid: 66.4% 
      • Direct bid: 17.7%
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