Bond Market Update
Updated: 22-Dec-25 11:00 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET):
- Prior auction results:
- High yield: 3.489%
- Bid-to-cover: 2.68
- Indirect bid: 58.1%
- Direct bid: 30.7%
- Average results of previous 12 auctions:
- High yield: 3.863%
- Bid-to-cover: 2.61
- Indirect bid: 64.2%
- Direct bid: 24.6%
- Prior auction results:
