Bond Market Update

Updated: 26-Mar-26 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: 3.790%
  - Bid-to-cover: 2.50
  - Indirect bid: 63.6%
  - Direct bid: 26.0%
- Average results of previous 12 auctions:
  - High yield: 3.988%
  - Bid-to-cover: 2.53
  - Indirect bid: 64.2%
  - Direct bid: 25.2%

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