The Treasury Department Tuesday auctioned $15 billion of 30-year bonds with a 3% coupon at a 3.050% high yield, a price of 99.021791.

The bid-to-cover ratio was 2.19.

Bloomberg News

Tenders at the high yield were allotted 83.10%.

The median yield was 3.000%. The low yield was 2.920%.

Tenders totaled $32,863,913,000 and the Treasury accepted $15,000,018,000 including $12,215,000 non-competitive.

The Fed banks purchased $4,955,647,200 for their own account.

The bonds dated May 15, will mature May 15, 2047.

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