Bond Market Update
Updated: 22-Apr-25 11:30 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 3.984%
- Bid-to-cover: 2.66
- Indirect bid: 75.8%
- Direct bid: 13.6%
- Average results of previous 12 auctions:
- High yield: 4.288%
- Bid-to-cover: 2.65
- Indirect bid: 70.1%
- Direct bid: 17.5%
- Prior auction results:
