Bond Market Update

Updated: 27-Jul-26 11:34 ET
Auction Out

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 4.315% (When-Issued: 4.320%)
      • Bid-to-cover: 2.66
      • Indirect bid: 56.6%
      • Direct bid: 34.1%
    • Average results of previous 12 auctions:
      • High yield: 3.726%
      • Bid-to-cover: 2.61
      • Indirect bid: 57.7%
      • Direct bid: 29.9%
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