Treasury 10-year notes go at 2.180% high yield on Sept. 12

Register now

The Treasury Department auctioned $20 billion of 9-year 11-month notes with a 2 1/4% coupon at a 2.180% high yield, a price of 100.619500.

The bid-to-cover ratio was 2.28.

Tenders at the high yield were allotted 97.85%. All competitive tenders at lower yields were accepted in full.

The median yield was 2.125%. The low yield was 2.065%.

Tenders totaled $45,666,555,700 and the Treasury accepted $20,000,010,700 including $10,155,700 non-competitive.

The Fed banks bought nothing for their own account in exchange for maturing securities.

The notes, which are dated Aug. 15, will mature Aug. 15, 2027.

For reprint and licensing requests for this article, click here.
Treasury bonds Treasurys