Bond Market Update

Updated: 21-Jan-26 11:30 ET
New Supply

Treasury Auction Preview

  • $13 bln 20-year Treasury bond reopening (results at 13:00 ET):
    • Prior auction results:
      • High yield: 4.798%
      • Bid-to-cover: 2.67
      • Indirect bid: 65.2%
      • Direct bid: 22.2%
    • Average results of previous 12 auctions:
      • High yield: 4.800%
      • Bid-to-cover: 2.63
      • Indirect bid: 65.7%
      • Direct bid: 21.9%
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