- Auction size: $25 billion.
- High yield: 5.441%.
- Market yield at auction time: 5.437%.
- Post-auction 30-year yield: 5.447%.
The Treasury sold $25 billion in 30-year bonds at a high yield of 5.441%, above the market yield. The bid-to-cover ratio slipped to 2.36 from 2.54, and indirect bidders took 68% of competitive awards, down from 72%.
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