Bond Market Update
Updated: 24-Sep-24 11:30 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 3.874%
- Bid-to-cover: 2.68
- Indirect bid: 69.0%
- Direct bid: 19.1%
- Average results of previous 12 auctions:
- High yield: 4.652%
- Bid-to-cover: 2.63
- Indirect bid: 64.8%
- Direct bid: 20.4%
- Prior auction results:
