The Treasury Department Thursday auctioned $13 billion of 29-year 10-month bonds with a 3 3/8% coupon at a 3.369% high yield, a price of 100.106136.
The bid-to-cover ratio was 2.40.
Tenders at the high yield were allotted 91.54%.
The median yield was 3.322%. The low yield was 3.250%.
Tenders totaled $31,247,245,100 and the Treasury accepted $13,000,017,100 including $7,745,100 non-competitive.
The Fed banks also bought nothing for their own account in exchange for maturing securities.
The bonds dated May 15, will mature May 15, 2044.