Bond Market Update

Updated: 28-Oct-25 11:30 ET
New Supply

Treasury Auction Preview

  • $44 bln 7-year Treasury note auction (results at 13:00 ET):
    • Prior auction results:
      • High yield: 3.953%
      • Bid-to-cover: 2.40
      • Indirect bid: 56.4%
      • Direct bid: 31.6%
    • Average results of previous 12 auctions:
      • High yield: 4.177%
      • Bid-to-cover: 2.62
      • Indirect bid: 68.5%
      • Direct bid: 21.9%
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