Bond Market Update

Updated: 28-Apr-26 13:03 ET

Auction Out

Treasury Auction Results

$44 bln 7-year Treasury note auction:
- Auction results:
  - High yield: 4.175% (When-Issued: 4.170%)
  - Bid-to-cover: 2.51
  - Indirect bid: 58.4%
  - Direct bid: 30.0%
- Average results of previous 12 auctions:
  - High yield: 3.988%
  - Bid-to-cover: 2.53
  - Indirect bid: 64.2%
  - Direct bid: 25.2%

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