Bond Market Update

Updated: 25-Mar-25 11:26 ET
New Supply

Treasury Auction Preview

  • $69 bln 2-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.169%
      • Bid-to-cover: 2.56
      • Indirect bid: 85.5%
      • Direct bid: 7.6%
    • 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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