Bond Market Update

Updated: 07-Jan-25 11:30 ET
New Supply

Treasury Auction Preview

  • $39 bln 10-year Treasury note reopening (results at 13:00 ET) 
    • Prior auction results:
      • High yield: 4.235%
      • Bid-to-cover: 2.70
      • Indirect bid: 70.0%
      • Direct bid: 19.5%
    • Average results of previous 12 auctions:
      • High yield: 4.211%
      • Bid-to-cover: 2.54
      • Indirect bid: 67.4%
      • Direct bid: 17.7%
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