Bond Market Update

Updated: 27-Jan-25 11:33 ET
Auction Out

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 4.211% (When-Issued: 4.210%)
      • Bid-to-cover: 2.66
      • Indirect bid: 65.0%
      • Direct bid: 21.3%
    • Average results of previous 12 auctions:
      • High yield: 4.395%
      • Bid-to-cover: 2.63
      • Indirect bid: 67.6%
      • Direct bid: 19.1%
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