Bond Market Update

Updated: 20-Aug-25 13:04 ET
Auction Out

Treasury Auction Results

  • $16 bln 20-year Treasury bond auction:
    • Auction results:
      • High yield: 4.876% (When-Issued: 4.877%)
      • Bid-to-cover: 2.54
      • Indirect bid: 60.6%
      • Direct bid: 26.5%
    • Average results of previous 12 auctions:
      • High yield: 4.688%
      • Bid-to-cover: 2.58
      • Indirect bid: 67.6%
      • Direct bid: 17.6%
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