Bond Market Update
Updated: 25-Feb-25 11:30 ET
New Supply
Treasury Auction Preview
- $70 bln 5-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.330%
- Bid-to-cover: 2.40
- Indirect bid: 62.8%
- Direct bid: 26.1%
- Average results of previous 12 auctions:
- High yield: 4.211%
- Bid-to-cover: 2.39
- Indirect bid: 67.7%
- Direct bid: 18.6%
- Prior auction results:
