Bond Market Update

Updated: 10-Jun-25 11:29 ET
New Supply

Treasury Auction Preview

  • $58 bln 3-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 3.824% 
      • Bid-to-cover: 2.56
      • Indirect bid: 62.4%
      • Direct bid: 23.7%
    • Average results of previous 12 auctions:
      • High yield: 4.050%
      • Bid-to-cover: 2.59
      • Indirect bid: 66.3%
      • Direct bid: 17.9%
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