Bond Market Update

Updated: 26-May-26 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: 3.965%
      • Bid-to-cover: 2.54
      • Indirect bid: 63.0%
      • Direct bid: 20.1%
    • Average results of previous 12 auctions:
      • High yield: 3.680%
      • Bid-to-cover: 2.60
      • Indirect bid: 57.9%
      • Direct bid: 29.6%
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