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.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.