← Banking With Billy News
US 20 Yr Bond Auction
High Yield 5.42% (Tail of 2 BPS)
Bid-to-Cover 2.57
Sells $13 bln
Awards 30.14% of bids at high
Primary dealers take 16.85%
Direct 30.68%
Banking With Billy News • 2026-09-15 17:04 UTC • By Billy Odell Tucker-Robinson
US 20 Yr Bond Auction
High Yield 5.42% (Tail of 2 BPS)
Bid-to-Cover 2.57
Sells $13 bln
Awards 30.14% of bids at high
Primary dealers take 16.85%
Direct 30.68%
Indirect 52.47%
📚 More from Billy’s World
Banking With Billy News Network — bankingwithbilly.com
Discord: discord.gg/VHxwmR5j4Y •
YouTube: @BankingWithBilly