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U.S. Treasury sells $22B of 30-year bonds at 5.058%

International buyers took nearly 78% of the $22 billion 30-year auction, while domestic demand was lighter than usual.

Reported · Written up by our desk · Government Bonds

The U.S. Treasury auctioned $22 billion of 30-year bonds to complete the week’s coupon auctions, with the high yield at 5.058%, according to Forexlive.

Forexlive said international buyers led demand, taking nearly 78% of the offering, which was well above the six-auction average.

The outlet also reported domestic buyers were less active than normal, taking about half of their usual share, with the bid-to-cover, tail, and dealers’ take described as near average.

In its recap, Forexlive assessed the auction results with a B- grade, citing component details that were largely near averages aside from the direct and indirect mix.

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