Bond Market Update

Updated: 25-Jun-26 11:30 ET
New Supply

Treasury Auction Preview

  • $44 bln 7-year Treasury note auction (results at 13:00 ET):
    • Prior auction results:
      • High yield: 4.290%
      • Bid-to-cover: 2.52
      • Indirect bid: 78.4%
      • Direct bid: 11.2%
    • Average results of previous 12 auctions:
      • High yield: 4.002%
      • Bid-to-cover: 2.50
      • Indirect bid: 65.3%
      • Direct bid: 24.1%
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