Bond Market Update
Updated: 28-Jul-25 09:54 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 11:30 ET)
- Prior auction results:
- High yield: 3.786%
- Bid-to-cover: 2.58
- Indirect bid: 60.5%
- Direct bid: 26.3%
- Average results of previous 12 auctions:
- High yield: 4.039%
- Bid-to-cover: 2.64
- Indirect bid: 69.3%
- Direct bid: 19.0%
- Prior auction results: