Bond Market Update

Updated: 11-Mar-25 13:03 ET
Auction Out

Treasury Auction Results

  • $58 bln 3-year Treasury note auction:
    • Auction results:
      • High yield: 3.908% (When-Issued: 3.902%)
      • Bid-to-cover: 2.70
      • Indirect bid: 62.5%
      • Direct bid: 26.0%
    • Average results of previous 12 auctions:
      • High yield: 4.208%
      • Bid-to-cover: 2.59
      • Indirect bid: 66.1%
      • Direct bid: 17.9%
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