U.S. 2-Year Treasury Auction Shows Slightly Softer Demand
The auction had a 4.708% yield, a 2.59 bid-to-cover ratio and an 80.83% share allotted at the high. The coupon was 4.625%; indirect and direct bids were 45.7% and 41.3%.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
2 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
The auction had a 4.708% yield, a 2.59 bid-to-cover ratio and an 80.83% share allotted at the high. The coupon was 4.625%; indirect and direct bids were 45.7% and 41.3%.
The U.S. sold $25 billion of new 30-year bonds at 5.216%, the highest financing cost for that tenor since 2001, while iShares 20+ Year Treasury Bond ETF TLT traded at $81.90, its lowest since June 2004.