Bond Market Update

Updated: 12-Jan-26 11:39 ET
10-Yr Note Auction Preview

Treasury Auction Preview

  • $39 bln 10-year Treasury note auction (results at 13:00 ET):
    • Prior auction results:
      • High yield: 4.175%
      • Bid-to-cover: 2.55
      • Indirect bid: 70.2%
      • Direct bid: 21.0%
    • Average results of previous 12 auctions:
      • High yield: 4.320%
      • Bid-to-cover: 2.54
      • Indirect bid: 70.6%
      • Direct bid: 18.5%
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