Bond Market Update

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

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 3.984% (When-Issued: 3.987%)
      • Bid-to-cover: 2.66
      • Indirect bid: 75.8%
      • Direct bid: 13.6%
    • Average results of previous 12 auctions:
      • High yield: 4.339%
      • Bid-to-cover: 2.65
      • Indirect bid: 69.3%
      • Direct bid: 18.1%
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