LOGO
LOGO

US Economic News

Thirty-Year Bond Auction Attracts Above Average Demand

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Thursday, revealing this month's auction of $22 billion worth of thirty-year bonds attracted above average demand.

The thirty-year bond auction drew a high yield of 4.871 percent and a bid-to-cover ratio of 2.45.

Last month, the Treasury sold $25 billion worth of thirty-year bonds, drawing a high yield of 4.750 percent and a bid-to-cover ratio of 2.66.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous thirty-year bond auctions had an average bid-to-cover ratio of 2.39.

The Treasury revealed earlier this week that this month's auction of $58 billion worth of three-year notes and $39 billion worth of ten-year notes both attracted below average demand.

Earlier on Thursday, the Treasury Department announced the details of this month's auction of twenty-year bonds.

The Treasury revealed plans to sell $13 billion worth of twenty-year bonds, with the result of the auction due to be announced next Tuesday.

Last month, the Treasury sold $16 billion worth of twenty-year bonds, attracting well below average demand.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19