Bond Market Update
Updated: 20-Aug-25 11:30 ET
New Supply
Treasury Auction Preview
- $16 bln 20-year Treasury bond auction (results at 13:00 ET)
- Prior auction results:
- High yield: 4.935%
- Bid-to-cover: 2.79
- Indirect bid: 67.4%
- Direct bid: 21.9%
- Average results of previous 12 auctions:
- High yield: 4.688%
- Bid-to-cover: 2.58
- Indirect bid: 67.6%
- Direct bid: 17.6%
- Prior auction results:
