Financial News: Twenty-Year Bond Auction Attracts Modestly Below Average D

Twenty-Year Bond Auction Attracts Modestly Below Average Demand

09/15/2026 - 13:10:00 (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 modestly below average demand.

The twenty-year bond auction drew a high yield of 5.420 percent and a bid-to-cover ratio of 2.57.

Last month, the Treasury sold $16 billion worth of twenty-year bonds, drawing a high yield of 5.204 percent and a bid-to-cover ratio of 2.53.

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 revealed 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 all attracted above average demand.

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

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand Building Consents Sink 7.9% In September (22 min(s), 44 sec(s) ago)
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjus ...Full Story»

U.S. Construction Spending Unexpectedly Pulls Back Sharply In September (06 hr(s), 22 min(s), 44 sec(s) ago)
(RTTNews) - Construction spending in the U.S. unexpectedly pulled back sharply in the month of Sep ...Full Story»

U.S. Manufacturing Index Increases More Than Expected In October (06 hr(s), 27 min(s), 44 sec(s) ago)
(RTTNews) - The Institute for Supply Management released a report on Monday showing its reading on ...Full Story»

Greece Factory Growth Sustains In October (07 hr(s), 56 min(s), 44 sec(s) ago)
(RTTNews) - Greece's manufacturing sector logged a further improvement in operating conditions ...Full Story»

Poland Manufacturing Activity Stabilizes In October (08 hr(s), 55 min(s), 44 sec(s) ago)
(RTTNews) - Poland's manufacturing conditions remained stable in October, ending a period of d ...Full Story»

Turkish Manufacturing Downturn Deepens In October (09 hr(s), 58 min(s), 44 sec(s) ago)
(RTTNews) - The manufacturing activity in Turkey deteriorated at the fastest pace in four months i ...Full Story»

UK Manufacturing Growth Strongest In 5 Months (10 hr(s), 49 min(s), 44 sec(s) ago)
(RTTNews) - The UK manufacturing activity expanded the most in five months in October as output an ...Full Story»

Eurozone Manufacturing Sector Logs Robust Growth (11 hr(s), 35 min(s), 44 sec(s) ago)
(RTTNews) - The euro area manufacturing activity expanded at a solid pace in October despite slowd ...Full Story»