Bond Market Update

Updated: 12-May-26 13:03 ET
Auction Out

Treasury Auction Results

  • $42 bln 10-year Treasury note auction:
    • Auction results:
      • High yield: 4.468% (When-Issued: 4.464%)
      • Bid-to-cover: 2.40
      • Indirect bid: 64.0%
      • Direct bid: 24.1%
    • Average results of previous 12 auctions:
      • High yield: 4.219%
      • Bid-to-cover: 2.50
      • Indirect bid: 69.4%
      • Direct bid: 20.6%
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