Bond Market Update

Updated: 11-Feb-25 11:25 ET
New Supply

Treasury Auction Preview

  • $58 bln 3-year Treasury note auction (results at 13:00 ET)
    • Prior auction results:
      • High yield: 4.332%
      • Bid-to-cover: 2.62
      • Indirect bid: 61.0%
      • Direct bid: 19.7%
    • Average results of previous 12 auctions:
      • High yield: 4.197%
      • Bid-to-cover: 2.57
      • Indirect bid: 65.4% 
      • Direct bid: 18.1%
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