The Treasury Department Wednesday auctioned $13 billion of 29-year, 11-month bonds with a 3 1/8% coupon at a 2.925% high yield, a price of 103.966337.

The bid-to-cover ratio was 3.05.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.