Bond Market Update
Updated: 24-Feb-25 11:29 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.211%
- Bid-to-cover: 2.66
- Indirect bid: 65.0%
- Direct bid: 21.3%
- Average results of previous 12 auctions:
- High yield: 4.382%
- Bid-to-cover: 2.64
- Indirect bid: 67.6%
- Direct bid: 19.2%
- Prior auction results: