Bond Market Update
Updated: 28-Jul-25 13:06 ET
5-yr Note Auction Out
Treasury Auction Results
- $70 bln 5-year Treasury note auction:
- Auction results:
- High yield: 3.983% (When-Issued: 3.975%)
- Bid-to-cover: 2.31
- Indirect bid: 58.3%
- Direct bid: 29.5%
- Average results of previous 12 auctions:
- High yield: 4.050%
- Bid-to-cover: 2.39
- Indirect bid: 69.7%
- Direct bid: 18.4%
- Auction results:
