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%
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