Financial News: Twenty-Year Bond Auction Attracts Above Average Demand

Twenty-Year Bond Auction Attracts Above Average Demand

03/17/2026 - 13:07:00 (RTTNews)

(RTTNews) - The Treasury Department announced the results of this month's auction of $13 billion worth of twenty-year bonds on Tuesday, revealing the sale attracted above average demand.

The twenty-year bond auction drew a high yield of 4.817 percent and a bid-to-cover ratio of 2.76.

Last month, the Treasury sold $16 billion worth of twenty-year bonds, drawing a high yield of 4.664 percent and a bid-to-cover ratio of 2.36.

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 twenty-year bond auctions had an average bid-to-cover ratio of 2.62.

Last week, the Treasury announced the results of this month's auctions of $58 billion worth of three-year notes, $39 billion worth of ten-year notes and $22 billion worth of thirty-year bonds.

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

On Thursday, the Treasury is due to announce the details of this month's auctions of two-year, five-year and seven-year notes.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Singapore Non-Oil Domestic Export Data Due On Friday (05 hr(s), 40 min(s), 40 sec(s) ago)
(RTTNews) - Singapore will on Friday release March figures for non-oil domestic exports, highlight ...Full Story»

Treasury Reveals Details Of Twenty-Year Bond Auction (12 hr(s), 15 min(s), 40 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auction ...Full Story»

U.S. Industrial Production Unexpectedly Falls 0.5% In March (12 hr(s), 50 min(s), 40 sec(s) ago)
(RTTNews) - Industrial production in the U.S. unexpectedly decreased in the month of March, accord ...Full Story»

Philly Fed Index Unexpectedly Jumps To Highest Level In Over A Year In April (13 hr(s), 40 min(s), 40 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unex ...Full Story»

U.S. Jobless Claims Pull Back More Than Expected To 207,000 (14 hr(s), 14 min(s), 40 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

U.S. Industrial Production Unexpectedly Decreases In March (14 hr(s), 23 min(s), 40 sec(s) ago)
(RTTNews) - Industrial production in the U.S. unexpectedly decreased in the month of March, accord ...Full Story»

Philly Fed Index Unexpectedly Increases Sharply In April (15 hr(s), 05 min(s), 40 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unex ...Full Story»

U.S. Weekly Jobless Claims Fall More Than Expected (15 hr(s), 08 min(s), 40 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»