The Treasury Department Thursday auctioned $16 billion of 30-year bonds with a 3 1/8% coupon at a 3.180% high yield, a price of 98.941680.
The bid-to-cover ratio was 2.74.
Tenders at the high yield were allotted 85.20%.
The median yield was 3.139%. The low yield was 3.090%.
Tenders totaled $43,855,580,500 and the Treasury accepted $16,000,139,500 including $19,419,500 non-competitive.
The Fed banks also bought nothing for their own account in exchange for maturing securities.
The bonds dated Feb. 15, will mature Feb. 15, 2043.