Bond Market Update

Updated: 25-Aug-26 13:03 ET
Auction Out

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 4.204% (When-Issued: 4.208%)
      • Bid-to-cover: 2.60
      • Indirect bid: 66.0%
      • Direct bid: 23.1%
    • Average results of previous 12 auctions:
      • High yield: 3.782%
      • Bid-to-cover: 2.61
      • Indirect bid: 57.6%
      • Direct bid: 30.0%
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