The Treasury Department auctioned $13 billion of 29-year, 11-month bonds Thursday with a 4 1/4% coupon at a 4.410% high yield and a price of 97.349324.

The bid-to-cover ratio was 2.74. Tenders at the high yield were allotted 36.49%. The median yield was 4.380%. The low yield was 4.320%. Tenders totaled $35,660,026,100 and the Treasury accepted $13,000,025,100 including $24,946,100 of noncompetitive.

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