Bond Market Update

Updated: 06-Jan-25 11:29 ET
New Supply

Treasury Auction Preview

  • $58 bln 3-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.117%
      • Bid-to-cover: 2.58
      • Indirect bid: 64.2%
      • Direct bid: 20.7%
    • Average results of previous 12 auctions:
      • High yield: 4.178%
      • Bid-to-cover: 2.58
      • Indirect bid: 65.8%
      • Direct bid: 17.8%
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