Indirect bidders took 72.32% of the bonds, while direct bidders took 20.89% and primary dealers took 6.79%. The Treasury awarded 26.77% of the bids at the high yield price to complete the issuance.
Wednesday, October 21, 2026
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US Markets13 days ago
The most recent sale of long-term government debt concluded with a return of 5.618% and a bid-to-cover ratio of 2.54. The US Treasury issued $22B in 30 year bonds on October 8, recording the highest yield for this security since August 2000. The auction ended with a tail of 0.1 basis points, meaning the high yield exceeded the 5.617% when-issued level, marking the second consecutive time the sale finished with a tail.

Indirect bidders took 72.32% of the bonds, while direct bidders took 20.89% and primary dealers took 6.79%. The Treasury awarded 26.77% of the bids at the high yield price to complete the issuance.
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