Bond Market Update

Updated: 11-Mar-25 11:29 ET
New Supply

Treasury Auction Preview

  • $58 bln 3-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.300%
      • Bid-to-cover: 2.79
      • Indirect bid: 74.0%
      • Direct bid: 15.8%
    • 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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