Bond Market Update
Updated: 23-Apr-25 11:29 ET
New Supply
Treasury Auction Preview
- $70 bln 5-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.100%
- Bid-to-cover: 2.33
- Indirect bid: 75.8%
- Direct bid: 11.0%
- Average results of previous 12 auctions:
- High yield: 4.183%
- Bid-to-cover: 2.38
- Indirect bid: 69.1%
- Direct bid: 17.6%
- Prior auction results: