Bond Market Update

Updated: 24-Apr-25 11:23 ET
New Supply

Treasury Auction Preview

  • $44 bln 7-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.233%
      • Bid-to-cover: 2.53
      • Indirect bid: 61.2%
      • Direct bid: 26.1%
    • Average results of previous 12 auctions:
      • High yield: 4.255%
      • Bid-to-cover: 2.58
      • Indirect bid: 70.0%
      • Direct bid: 19.0%
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