Bond Market Update

Updated: 28-Aug-25 13:05 ET
Auction Out

Treasury Auction Results

  • $44 bln 7-year Treasury note auction:
    • Auction results:
      • High yield: 3.925% (When-Issued: 3.922%)
      • Bid-to-cover: 2.49
      • Indirect bid: 77.4%
      • Direct bid: 12.8%
    • Average results of previous 12 auctions:
      • High yield: 4.140%
      • Bid-to-cover: 2.62
      • Indirect bid: 69.5%
      • Direct bid: 20.8%
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