Financial News: Thirty-Year Bond Auction Attracts Average Demand

Thirty-Year Bond Auction Attracts Average Demand

04/10/2025 - 14:05:00 (RTTNews)

(RTTNews) - Finishing off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $22 billion worth of thirty-year bonds attracted average demand.

The thirty-year bond auction drew a high yield of 4.813 percent and a bid-to-cover ratio of 2.43.

The Treasury also sold $22 billion worth of thirty-year bonds last month, drawing a high yield of 4.623 percent and a bid-to-cover ratio of 2.37.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous thirty-year bond auctions had an average bid-to-cover ratio of 2.42.

The Treasury announced the results of this month's auctions of $58 billion worth of three-year notes and $39 billion worth of ten-year notes earlier this week.

The three-year note auction attracted below average demand, while the ten-year note auction attracted above average demand.

Earlier Thursday, the Treasury Department also announced the details of this month's auction of twenty-year bonds.

The Treasury said it plans to sell $13 billion worth of twenty-year bonds, with the results of the auction due to be announced next Wednesday.

Last month, the Treasury also sold 13 billion worth of twenty-year bonds, with the sale attracting well above average demand.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

South Africa Retail Sales Growth Eases (08 min(s), 04 sec(s) ago)
(RTTNews) - South Africa's retail sales growth eased in February after accelerating in the pre ...Full Story»

U.S. Retail Sales Surge Slightly More Than Expected In March (16 min(s), 04 sec(s) ago)
(RTTNews) - Retail sales in the U.S. saw a sharp increase in the month of March, according to a re ...Full Story»

Indonesia Retail Sales Rise 0.5% (01 hr(s), 11 min(s), 04 sec(s) ago)
(RTTNews) - Indonesia's retail sales expanded at the slowest pace in the current sequence of g ...Full Story»

Irish Residential Property Price Inflation Eases To 8.0% (02 hr(s), 02 min(s), 04 sec(s) ago)
(RTTNews) - Ireland's residential property price inflation softened further in February to the ...Full Story»

Italy Current Account Surplus Shrinks In February (02 hr(s), 16 min(s), 04 sec(s) ago)
(RTTNews) - Italy's current account surplus decreased in February from the previous year, the ...Full Story»

Italy Inflation Rises Less Than Estimated (02 hr(s), 33 min(s), 04 sec(s) ago)
(RTTNews) - Italy's consumer price inflation increased slightly less than initially estimated ...Full Story»

Eurozone Inflation Eases As Estimated (03 hr(s), 03 min(s), 04 sec(s) ago)
(RTTNews) - Eurozone inflation slowed in March, as initially estimated, as energy prices declined ...Full Story»

UK Inflation Slows To 2.6% (03 hr(s), 18 min(s), 04 sec(s) ago)
(RTTNews) - UK consumer price inflation weakened more than expected to a three-month low in March ...Full Story»