Bond Market Update
Updated: 26-Sep-24 11:26 ET
New Supply
Treasury Auction Preview
- $44 bln 7-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 3.770%
- Bid-to-cover: 2.50
- Indirect bid: 75.1%
- Direct bid: 11.2%
- Average results of previous 12 auctions:
- High yield: 4.336%
- Bid-to-cover: 2.54
- Indirect bid: 68.6%
- Direct bid: 17.2%
- Prior auction results: