U.S. Treasury Set to Auction $13 Billion 20-Year Bonds

Tuesday, 19 March 2024, 16:59

The US Treasury is ready to auction off $13 billion worth of 20-year bonds. Key stats show an uptick in domestic demand, while international demand remains strong. Comparison with the last auction indicates potential buyer support. Current US yields are lower across various maturities.
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U.S. Treasury Set to Auction $13 Billion 20-Year Bonds

US Treasury 20-Year Bonds Auction Alert

The US treasury is set to auction off $13 billion of 20-year bonds at the top of the hour. The six-month averages of the major components show:

  • Tail: +0.5 basis points
  • Bid to cover: 2.56x
  • Directs: 19.7% (domestic demand)
  • Indirects: 66.6% (international demand)
  • Dealers: 13.7%

The last auction had a high yield of 4.595% with notable metrics. Current US yields are: 2-year 4.700%, 5-year 4.311%, 10-year 4.304%, and 30-year 4.447%.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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