Bond Market Update

Updated: 27-Jan-25 13:03 ET
5-Yr Note Auction Out

Treasury Auction Results 

  • $70 bln 5-year Treasury note auction:
    • Auction results:
      • High yield: 4.330% (When-Issued: 4.336%) 
      • Bid-to-cover: 2.40
      • Indirect bid: 62.8%
      • Direct bid: 26.1%
    • Average results of previous 12 auctions:
      • High yield: 4.188%
      • Bid-to-cover: 2.38
      • Indirect bid: 67.5%
      • Direct bid: 17.9%
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