Bond Market Update

Updated: 25-Sep-25 13:03 ET
Auction Out

Treasury Auction Results

  • $44 bln 7-year Treasury note auction:
    • Auction results:
      • High yield: 3.953% (When-Issued: 3.947%)
      • Bid-to-cover: 2.40
      • Indirect bid: 56.4%
      • Direct bid: 31.6%
    • Average results of previous 12 auctions:
      • High yield: 4.153%
      • Bid-to-cover: 2.62
      • Indirect bid: 69.7%
      • Direct bid: 20.9%
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