Bond Market Update

Updated: 12-Feb-25 13:06 ET
Auction Out

Treasury Auction Results

  • $42 bln 10-year Treasury note auction:
    • Auction results:
      • High yield: 4.632% (When-Issued: 4.623%)
      • Bid-to-cover: 2.48
      • Indirect bid: 71.5%
      • Direct bid: 13.6%
    • Average results of previous 12 auctions:
      • High yield: 4.243%
      • Bid-to-cover: 2.54
      • Indirect bid: 67.2% 
      • Direct bid: 18.1%
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