Bond Market Update

Updated: 19-Feb-25 11:28 ET
New Supply

Treasury Auction Preview

  • $16 bln 20-year Treasury bond auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.900%
      • Bid-to-cover: 2.75
      • Indirect bid: 69.5%
      • Direct bid: 20.1% 
    • Average results of previous 12 auctions:
      • High yield: 4.547%
      • Bid-to-cover: 2.60
      • Indirect bid: 69.9%
      • Direct bid: 17.0%
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