Bond Market Update

Updated: 24-Mar-26 11:25 ET
New Supply

Treasury Auction Preview

  • $69 bln 2-year Treasury note auction (results at 13:00 ET):
    • Prior auction results:
      • High yield: 3.455%
      • Bid-to-cover: 2.63
      • Indirect bid: 55.9%
      • Direct bid: 34.3%
    • Average results of previous 12 auctions:
      • High yield: 3.682%
      • Bid-to-cover: 2.61
      • Indirect bid: 59.3%
      • Direct bid: 29.7%
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