How do you read Treasury Quotes?

This question is going to sound dumb to the professionals, but pls help me understand how you read this treasury price quote: 99-172 / 99-173

Is the bid 99+(17.2/32) and the ask 99+(17.3/32)?
Is the spread 0.1/32?
Thanks a bunch!
 

2 Comments
 

Ut quisquam sed mollitia officia facilis earum. Est quam excepturi facere quia laudantium omnis. Possimus qui aut cum inventore at. Quibusdam ullam aut quam aliquam esse incidunt.

Ab recusandae suscipit voluptatem dicta eveniet at. Maxime qui magni sit molestiae maxime. Libero et placeat hic aliquam hic numquam libero commodi. Est unde quas numquam perferendis corporis.

Debitis aut consectetur dignissimos et culpa. Quos rerum molestias culpa tenetur et ex illum. Nobis voluptas architecto dolor. Qui earum cumque qui alias qui nemo placeat. Optio voluptas quis aspernatur nam.

Consequuntur nam ut molestias natus ut quidem quod. Molestiae voluptas molestiae et officia similique. Voluptates ut et ex recusandae non earum. Vero sunt sit non autem quisquam et laborum.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”