Bond Market Update
Updated: 27-Aug-25 13:05 ET
Auction Out
Treasury Auction Results
- $70 bln 5-year Treasury note auction:
- Auction results:
- High yield: 3.724% (When-Issued: 3.717%)
- Bid-to-cover: 2.36
- Indirect bid: 60.5%
- Direct bid: 30.7%
- Average results of previous 12 auctions:
- High yield: 4.038%
- Bid-to-cover: 2.39
- Indirect bid: 69.0%
- Direct bid: 19.3%
- Auction results:
