Treasury 30-Year Bonds Go at 3.369% High Yield

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.

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