Bond Market Update
Updated: 27-Jan-25 09:50 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 11:30 ET)
- Prior auction results:
- High yield: 4.335%
- Bid-to-cover: 2.73
- Indirect bid: 82.1%
- Direct bid: 6.6%
- Average results of previous 12 auctions:
- High yield: 4.395%
- Bid-to-cover: 2.63
- Indirect bid: 67.6%
- Direct bid: 19.1%
- Prior auction results:
