Bond Market Update

Updated: 22-Oct-25 13:03 ET
Auction Out

Treasury Auction Results

  • $13 bln 20-year Treasury bond reopening:
    • Auction results:
      • High yield: 4.506% (When-Issued: 4.518%)
      • Bid-to-cover: 2.73
      • Indirect bid: 63.6%
      • Direct bid: 26.3%
    • Average results of previous 12 auctions:
      • High yield: 4.795%
      • Bid-to-cover: 2.60
      • Indirect bid: 66.6%
      • Direct bid: 19.2%
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