Bond Market Update

Updated: 12-Mar-25 11:30 ET
New Supply

Treasury Auction Preview

  • $39 bln 10-year Treasury note reopening (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.632%
      • Bid-to-cover: 2.48
      • Indirect bid: 71.5%
      • Direct bid: 13.6%
    • Average results of previous 12 auctions:
      • High yield: 4.293%
      • Bid-to-cover: 2.53
      • Indirect bid: 67.6%
      • Direct bid: 17.6%
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