Bond Market Update

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

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 3.520% (When-Issued: 3.520%)
      • Bid-to-cover: 2.59
      • Indirect bid: 67.6%
      • Direct bid: 19.6%
    • Average results of previous 12 auctions:
      • High yield: 4.652%
      • Bid-to-cover: 2.63
      • Indirect bid: 64.8%
      • Direct bid: 20.4%
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