Bond Market Update

Updated: 27-May-26 11:28 ET
New Supply

Treasury Auction Preview

  • $70 bln 5-year Treasury note auction (results at 13:00 ET):
    • Prior auction results:
      • High yield: 3.955%
      • Bid-to-cover: 2.33
      • Indirect bid: 72.3%
      • Direct bid: 15.0%
    • Average results of previous 12 auctions:
      • High yield: 3.786%
      • Bid-to-cover: 2.38
      • Indirect bid: 64.2%
      • Direct bid: 24.9%
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