Bond Market Update
Updated: 06-May-25 11:30 ET
New Supply
Treasury Auction Preview
- $42 bln 10-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.435%
- Bid-to-cover: 2.67
- Indirect bid: 87.9%
- Direct bid: 1.4%
- Average results of previous 12 auctions:
- High yield: 4.334%
- Bid-to-cover: 2.55
- Indirect bid: 69.3%
- Direct bid: 16.5%
- Prior auction results:
