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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%
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%
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