Bond Market Update

Updated: 27-Jul-26 13:03 ET
5-Yr Auction Out

Treasury Auction Results

  • $70 bln 5-year Treasury note auction:
    • Auction results:
      • High yield: 4.408% (When-Issued: 4.399%)
      • Bid-to-cover: 2.28
      • Indirect bid: 59.2%
      • Direct bid: 27.2%
    • Average results of previous 12 auctions:
      • High yield: 3.822%
      • Bid-to-cover: 2.38
      • Indirect bid: 63.6%
      • Direct bid: 25.0%
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