US treasury auctions off 30 year bonds at 2.049%

Tail of of -1.3 basis points High yield 2.049% WI level 2.062% Dealers take 12.29% versus the six month average of 18.1% Bid to cover 2.36x vs six month average of 2.31x Directs 17.17% versus six month average of 19.1% Indirect 70.55% versus six month average of 62.7% Auction grade: B+ The U.S. Treasury auctioned off $24 billion of near the 30 year bonds at a high yield of 2.049%. That compares favorably to the WI yield of 2.062% at the time of the auction (tail of -1.3 basis points). The foreign demand was a strong at 70.55% versus 62.7% over the last six months Domestic demand was weaker at 17.17% versus 19.1% six month average as foreign demand outstripped the domestic demand. Dealers were saddled with a small 12.29% of the issue versus the average of 18.1%. The bid the cover was not stellar at 2.36x indicative of perhaps less domestic demand. Invest in yourself. See our forex education hub.

US treasury auctions off 30 year bonds at 2.049%

Tail of of -1.3 basis points

  • High yield 2.049%
  • WI level 2.062%
  • Dealers take 12.29% versus the six month average of 18.1%
  • Bid to cover 2.36x vs¬†six month average of 2.31x
  • Directs¬†17.17% versus six month average of 19.1%
  • Indirect 70.55% versus six month average of 62.7%

Auction grade: B+


The U.S. Treasury auctioned off $24 billion of near the 30 year bonds at a high yield of 2.049%. That compares favorably to the WI yield of 2.062% at the time of the auction (tail of -1.3 basis points).

The foreign demand was a strong at 70.55% versus 62.7% over the last six months

Domestic demand was weaker at 17.17% versus 19.1% six month average as foreign demand outstripped the domestic demand.

Dealers were saddled with a small 12.29% of the issue versus the average of 18.1%.

The bid the cover was not stellar at 2.36x indicative of perhaps less domestic demand.

Invest in yourself. See our forex education hub.