Bond Market Update

Updated: 23-Apr-25 13:05 ET
Auction Out

Treasury Auction Results

  • $70 bln 5-year Treasury note auction:
    • Auction results:
      • High yield: 3.995% (When-Issued: 4.005%)
      • Bid-to-cover: 2.41
      • Indirect bid: 64.0%
      • Direct bid: 24.8%
    • Average results of previous 12 auctions:
      • High yield: 4.183%
      • Bid-to-cover: 2.38
      • Indirect bid: 69.1%
      • Direct bid: 17.6%
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