Bond Market Update
Updated: 11-Sep-24 11:28 ET
New Supply
Treasury Auction Preview
- $39 bln 10-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 3.960%
- Bid-to-cover: 2.32
- Indirect bid: 66.2%
- Direct bid: 16.0%
- Average results of previous 12 auctions:
- High yield: 4.310%
- Bid-to-cover: 2.50
- Indirect bid: 66.4%
- Direct bid: 17.7%
- Prior auction results: