Bond Market Update
Updated: 23-Feb-22 11:30 ET
New Supply
Treasury Auction Preview
- $53 bln 5-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 1.553%
- Bid-to-cover: 2.50
- Indirect bid: 68.7%
- Direct bid: 16.5%
- Average results of previous 12 auctions:
- High yield: 0.985%
- Bid-to-cover: 2.39
- Indirect bid: 60.5%
- Direct bid: 16.8%
- Prior auction results:
