Bond Market Update

Updated: 11-Aug-26 11:30 ET
New Supply

Treasury Auction Preview

  • $58 bln 3-year Treasury note auction (results at 13:00 ET):
    • Prior auction results:
      • High yield: 4.179%
      • Bid-to-cover: 2.60
      • Indirect bid: 67.5%
      • Direct bid: 24.8%
    • Average results of previous 12 auctions:
      • High yield: 3.731%
      • Bid-to-cover: 2.64
      • Indirect bid: 63.3%
      • Direct bid: 24.0%
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