Bond Market Update

Updated: 25-Mar-26 11:29 ET
New Supply

Treasury Auction Preview

  • $70 bln 5-year Treasury note auction (results at 13:00 ET):
    • Prior auction results:
      • High yield: 3.615%
      • Bid-to-cover: 2.32
      • Indirect bid: 62.5%
      • Direct bid: 24.7%
    • Average results of previous 12 auctions:
      • High yield: 3.799%
      • Bid-to-cover: 2.39
      • Indirect bid: 64.6%
      • Direct bid: 24.8%
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