Bond Market Update

Updated: 06-Aug-25 11:26 ET
New Supply

Treasury Auction Preview

  • $42 bln 10-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.362%
      • Bid-to-cover: 2.61
      • Indirect bid: 65.4%
      • Direct bid: 23.7%
    • Average results of previous 12 auctions:
      • High yield: 4.304%
      • Bid-to-cover: 2.57
      • Indirect bid: 69.7%
      • Direct bid: 17.9%
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