Bond Market Update
Updated: 26-Aug-25 11:29 ET
New Supply
Treasury Auction Preview
- $69 bln 2-year Treasury note auction (results at 13:00 ET)
- Prior auction results:
- High yield: 3.920%
- Bid-to-cover: 2.62
- Indirect bid: 55.3%
- Direct bid: 34.4%
- Average results of previous 12 auctions:
- High yield: 3.996%
- Bid-to-cover: 2.62
- Indirect bid: 67.5%
- Direct bid: 20.7%
- Prior auction results:
