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%
- Auction results: