US Sells $16 Billion of 20-Year Bonds at 5.122%, Matching When-Issued Yield
The US Treasury sold $16 billion of 20-year bonds at a high yield of 5.122%, matching the when-issued level before the auction in a closely watched test of investor demand after the recent selloff in long-dated government debt. The sale drew a bid-to-cover ratio of 2.55, with indirect bidders taking 67.7% of the offering, direct bidders 22.9% and primary dealers 9.4%.
The result offers a fresh read on appetite for duration after Treasury yields jumped this week, with the 30-year bond yield rising to 5.189%, its highest since July 2007. The auction also came as investors tracked broader stress across sovereign debt markets, including Japan, where concern about inflation and government spending had driven super-long yields to multi-year highs ahead of a 20-year government bond sale.
From the sources (25 posts)
@globalmktobserv🔴 Japanese government bond yields are BREAKING RECORDS across the curve: The 40-year Japanese government bond yield has risen to 4.39%, the highest since this maturity was introduced in 2007. The 30-year yield has surged to 4.15%, the hig
@firstsquawkU.S. TREASURY SELL-OFF EASES, TRADERS EYE HIGHEST 30-YEAR YIELD SINCE 1999
@dlacalle_iaUK borrowing costs soar. 30-year bond yield close to all-time high and crisis level. The disastrous Reeves and Starmer budgets have demolished the prospects of public account sustainability. And Labour contenders want to spend even more.
@kevrgordonThe 30y Treasury yield keeps climbing and is now at levels consistent with the average seen in the early 2000s
@globalmktobserv🔴Japan's bond market, the world's 3rd largest, is BREAKING: The 30-year Japanese government bond yield has breached 4% for the first time since its debut in 1999 The 20-year JGB yield is up to its highest since 1996 TAP IMAGE TO SEE FULL
@thestalwartThe yield on the US 30-year has now surpassed its prior post-Copvid high
@thestalwartJapanese 30-year yields just keeps going higher
@globalmktobserv⚠️The global bond CRISIS is ACCELERATING: The 30-year UK gilt yield has surged to ~6.2%, the highest since 1998, while the US 30-year Treasury yield stands at ~5.1%, near the highest since 2023. Germany's 30-year yield has risen to ~3.2%,
@hedgeyeJapanese yields pushing higher:
@barchartBREAKING 🚨: Japan Japan's 30-Year Yield jumps to 4.17%, the highest level in history 📈🇯🇵
@deitaoneYIELD ON 30-YR U.S. TREASURY BOND CLIMBS TO 5.158%
@zerohedge*TREASURY YIELDS EXTEND CLIMB, 5- TO 30-YEAR REACH 2026 HIGHS
@globalmktobserv🔴The gap between US and Japanese bond yields is COLLAPSING: The spread between the US 30-year Treasury yield and the 30-year Japanese government bond yield has narrowed to ~100 basis points, the lowest level since 2020. This comes as Japa
@firstsquawkUS 30-YEAR TREASURY YIELD INCREASES TO 5.177%, REACHING ITS HIGHEST LEVEL SINCE 2007.
@deitaoneUS 30-YEAR TREASURY YIELD RISES TO 5.177%, HIGHEST SINCE 2007
@thestalwart*US 30-YEAR TREASURY YIELD RISES TO 5.177%, HIGHEST SINCE 2007
@stockmktnewz🇺🇸 30-YEAR TREASURY YIELD JUST INCREASED TO 5.177%, THE HIGHEST LEVEL SINCE 2007
@kobeissiletterBREAKING: The US 30Y Note Yield rises to 5.18%, its highest level since July 2007.
@hedgeye🇺🇸 U.S. 30-year yield at highest level since 2007
@macroedgeres30-Year Treasury Yield Rises to 5.18%, highest since 2007 #MacroEdge
@wallstengineUS 30-YEAR TREASURY YIELD RISES TO 5.177%, HIGHEST SINCE 2007
@polymarketNEW: 30-year Treasury yield soars to 5.13%, the highest level since 2007.
@zerohedge*US 30-YEAR TREASURY YIELD RISES TO 5.177%, HIGHEST SINCE 2007
@polymarketmoneyThe 30-year Treasury yield just hit 5.178% which is its highest level since 2007.
@mtsliveSITUATION DETECTED: The US 30-year Treasury yield has risen to 5.18%, its highest level since 2007.