Bond Market Update

Updated: 12-Feb-25 11:24 ET
New Supply

Treasury Auction Preview

  • $42 bln 10-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.680%
      • Bid-to-cover: 2.53
      • Indirect bid: 61.4%
      • Direct bid: 23.0%
    • 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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