Story thread · 2 reports / 1 sources

US treasury sells $22 billion of 30 year bonds at a high yield of 5.308%

investinglive.com · 4dShare

The U.S. Treasury has auctioned off $22 million and 30 year bonds at a high yield of 5.308% WI level at the time of the auction 5.335% Tail -2.7 basis points versus 013 basis points average Bid to cover 2.61X versus average of 2.38X DIrects (domestic buyers) 18.3% versus 22.1% average Indirects (international buyers) 79.5% versus 66.4% average Dealers (they get the rest) 2.2% versus 11.5% average. I don't think I've ever seen a dealer number as low as 2.2%. The big buyer was international at 79.5%. I wonder if the bond buyback influenced the buying interest today. Of course the US yield are near the highs going back to 2007. Overall grade: A Of note is that the U.S. Treasury is starting a series of bond buybacks aimed at improving liquidity and calming volatility in the longer end of the yield curve. The first operation will purchase up to $6 billion of older Treasury securities with maturities between 10 and 20 years. At least six additional buybacks are expected over the coming weeks

First report: U.S. Treasury sells $58 billion of 3 or notes at a high yield of 4.474% — investinglive.com, 6d