The Treasury Department yesterday auctioned $9 billion of 30-year bonds with a 4 3/8% coupon at a 4.449% high yield, a price of 98.780998.

The bid-to-cover ratio was 1.82 Tenders at the high yield were allotted 61.11%. The median yield was 4.395%. The low yield was 4.340%.

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.