Bond Market Update

Updated: 27-Apr-26 09:57 ET
New Supply

Treasury Auction Preview

  • $69 bln 2-year Treasury note auction (results at 11:30 ET):
    • Prior auction results:
      • High yield: 3.936%
      • Bid-to-cover: 2.44
      • Indirect bid: 59.4%
      • Direct bid: 16.5%
    • Average results of previous 12 auctions:
      • High yield: 3.678%
      • Bid-to-cover: 2.59
      • Indirect bid: 57.9%
      • Direct bid: 30.0%
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