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Treasury auctions · 30-year bond

How did the latest 30-year Treasury bond auction go?

The last 30-year bond auction, on , sold at a high yield of 5.618% with a bid-to-cover of 2.54.

High yield at each 30-year bond auction

287 auctions with results since 1 Nov 1979200 on this page

High yield at each 30-year bond auction, 11 Mar 2010 to 8 Oct 2026
High yield at each 30-year bond auction, 13 Oct 2016 to 8 Oct 2026
High yield at each 30-year bond auction, 10 Oct 2024 to 8 Oct 2026

Bid-to-cover ratio at each 30-year bond auction

287 auctions with results since 1 Nov 1979200 on this page

Bid-to-cover ratio at each 30-year bond auction, 11 Mar 2010 to 8 Oct 2026
Bid-to-cover ratio at each 30-year bond auction, 13 Oct 2016 to 8 Oct 2026
Bid-to-cover ratio at each 30-year bond auction, 10 Oct 2024 to 8 Oct 2026

Who bought each 30-year bond auction: shares of the competitive bids accepted

287 auctions with results since 1 Nov 1979200 on this page

Who bought each 30-year bond auction: shares of the competitive bids accepted, 11 Mar 2010 to 8 Oct 2026
Who bought each 30-year bond auction: shares of the competitive bids accepted, 13 Oct 2016 to 8 Oct 2026
Who bought each 30-year bond auction: shares of the competitive bids accepted, 10 Oct 2024 to 8 Oct 2026

The linesLatest:

  • Indirect bidders72.3%
  • Direct bidders20.9%
  • Primary dealers6.8%

Each point is one auction; pointing at the chart shows its date and figures. The full results are under "The numbers behind the chart".

Select a line to followLatest:

Inspect and compare dates

The latest 30-year bond auction beside the one before it and the nearest ones a year, five and ten years earlier.

MeasureLatestThe auction beforeA year earlierFive years earlierTen years earlier
Auction
High yield, %5.6185.3084.6511.9102.475
Bid-to-cover2.542.612.382.492.13
Indirect bidders, %72.379.562.069.757.9
Direct bidders, %20.918.328.017.24.6
Primary dealers, %6.82.210.013.137.5
Sold, $ billion22.52322.00022.00026.55612.000

The table scrolls sideways; the first column stays in place.

Observed .

Right now

The high yield of 5.618% on 8 October 2026 was the highest for a 30-year bond since 12 August 1999.

Higher than all 212 since 8 May 2008

Its own history

Against the previous 24 30-year bond auctions, the high yield was higher than all 24.

The bid-to-cover ratio was higher than 21 of them.

See every measure against earlier auctions

Who bought

Indirect bidders took the largest share of the competitive bids accepted at the 8 Oct 2026 auction.

  • Indirect bidders 72.3%
  • Direct bidders 20.9%
  • Primary dealers 6.8%

Size

Treasury offered $22 billion and sold $22.523 billion on 8 Oct 2026.

Next

Treasury has announced no 30-year bond auction yet; its tentative schedule names these dates.

  • Tentative
  • Tentative
  • Tentative

See every auction announced and scheduled

Understanding the 30-year bond auction

Where it stands today

The high yield was 5.618% at the 30-year bond auction of , with a bid-to-cover ratio of 2.54.

What do these figures measure?

The high yield is the highest rate Treasury accepted; every winning bidder gets it. The bid-to-cover ratio is bids received divided by the amount sold. Shares are of competitive bids accepted. High minus median shows how far the accepted cut-off sat above the middle accepted bid; it is not the market's auction tail, which needs a when-issued price that is not public.

Read more

What these figures cannot tell

  • Why it sold where it did. Results show what was bid and accepted, not the reasons behind any bid.
  • The auction tail as markets quote it. That compares the high yield with the when-issued yield just before bids closed, a market price that is not public; we show high minus median instead, a different measure.
  • Who the bidders are. Indirect bidders include foreign and international accounts bidding through the New York Fed and investors bidding through dealers; Treasury does not publish names.
  • Demand on another day. A bid-to-cover ratio counts bids at one auction against the amount offered, and the amount offered changes from auction to auction.

The numbers behind the chart

How does the latest auction compare with earlier ones?Every measure, window by window
  • High yield: Highest for a 30-year bond since 12 August 1999 (219 auctions in between).
Each measure against earlier 30-year bond auctions: how many were higher and lower, and their median
MeasureThis auctionWindowHigherLowerMedian
Bid-to-cover ratio2.54Last 12 auctions2 of 1210 of 122.39
Bid-to-cover ratio2.54Last 24 auctions3 of 2421 of 242.39
Bid-to-cover ratio2.54Since 8 May 200839 of 212169 of 2122.39
Bid-to-cover ratio2.54All 219 since 8 February 200139 of 219176 of 2192.38
High yield5.618Last 12 auctions0 of 1212 of 124.874
High yield5.618Last 24 auctions0 of 2424 of 244.816
High yield5.618Since 8 May 20080 of 212212 of 2123.175
High yield5.618All 286 since 1 November 197964 of 286222 of 2863.900
Indirect bidders' share72.3Last 12 auctions2 of 1210 of 1266.7
Indirect bidders' share72.3Last 24 auctions3 of 2421 of 2465.1
Indirect bidders' share72.3All 212 since 8 May 20087 of 212205 of 21260.5
Direct bidders' share20.9Last 12 auctions9 of 123 of 1222.6
Direct bidders' share20.9Last 24 auctions17 of 247 of 2423.2
Direct bidders' share20.9All 212 since 8 May 200836 of 212176 of 21215.5
Primary dealers' share6.8Last 12 auctions10 of 122 of 1211.3
Primary dealers' share6.8Last 24 auctions22 of 242 of 2411.8
Primary dealers' share6.8All 212 since 8 May 2008210 of 2122 of 21227.4
High minus median, basis points5.1Last 12 auctions8 of 123 of 125.4
High minus median, basis points5.1Last 24 auctions16 of 246 of 245.9
High minus median, basis points5.1Since 8 May 2008125 of 21281 of 2125.8
High minus median, basis points5.1All 286 since 1 November 1979130 of 286150 of 2865.0

The table scrolls sideways; the first column stays in place.

What were the results of every 30-year bond auction?Page 1 of 2: 200 auctions, newest first

287 30-year bond auctions with results since 1 November 1979; this page holds 200 of them, newest first.

30-year bond auctions, newest first; dated links open an auction's own page
AuctionOffered asHigh yield, %Bid-to-coverOffered, $ billionSold, $ billionIndirect, %Direct, %Dealers, %High − median, bp
29-Year 10-Month, reopening5.6182.5422.00022.52372.320.96.85.1
29-Year 11-Month, reopening5.3082.6122.00022.00079.518.32.25.8
30-Year5.2162.3925.00031.32466.821.611.56.6
29-Year 10-Month, reopening5.0582.4422.00024.28877.712.210.15.1
29-Year 11-Month, reopening5.0202.3322.00022.00060.025.314.76.0
30-Year5.0462.3025.00030.93666.621.711.75.6
29-Year 10-Month, reopening4.8762.3922.00025.90164.124.211.65.3
29-Year 11-Month, reopening4.8712.4522.00022.00663.427.29.44.6
30-Year4.7502.6625.00032.08469.924.25.93.2
29-Year 10-Month, reopening4.8252.4222.00028.40466.821.312.04.5
29-Year 11-Month, reopening4.7732.3622.00022.00065.423.511.25.3
30-Year4.6942.2925.00028.89471.014.514.56.4
Show 188 more rows
AuctionOffered asHigh yield, %Bid-to-coverOffered, $ billionSold, $ billionIndirect, %Direct, %Dealers, %High − median, bp
29-Year 10-Month, reopening4.7342.3822.00022.40864.526.98.76.4
29-Year 11-Month, reopening4.6512.3822.00022.00062.028.010.06.6
30-Year4.8132.2725.00033.48459.523.017.57.3
29-Year 10-Month, reopening4.8892.3822.00024.60359.827.412.85.1
29-Year 11-Month, reopening4.8442.4322.00022.39665.223.411.44.4
30-Year4.8192.3125.00033.82558.927.213.97.0
29-Year 10-Month, reopening4.8132.4322.00025.67261.925.812.38.3
29-Year 11-Month, reopening4.6232.3722.00022.37360.522.716.96.3
30-Year4.7482.3325.00031.86865.118.616.36.8
29-Year 10-Month, reopening4.9132.5222.00026.83466.620.712.74.3
29-Year 11-Month, reopening4.5352.3922.00022.15866.519.114.46.0
30-Year4.6082.6425.00031.07662.727.110.24.3
29-Year 10-Month, reopening4.3892.5022.00022.30280.57.412.26.9
29-Year 11-Month, reopening4.0152.3822.00022.21068.715.715.76.5
30-Year4.3142.3125.00029.75465.315.519.28.9
29-Year 10-Month, reopening4.4052.3022.00025.57460.823.415.97.8
29-Year 11-Month, reopening4.4032.4922.00022.71268.517.813.75.3
30-Year4.6352.4125.00028.14264.919.815.45.0
29-Year 10-Month, reopening4.6712.3722.00022.36364.418.317.36.3
29-Year 11-Month, reopening4.3312.4722.00022.00069.316.813.94.8
30-Year4.3602.4025.00026.84970.714.514.84.6
29-Year 10-Month, reopening4.2292.3721.00021.00067.817.714.56.9
29-Year 11-Month, reopening4.3442.4321.00021.00068.517.314.26.4
30-Year4.7692.2424.00024.45760.115.224.711.9
29-Year 10-Month, reopening4.8372.3520.00020.00065.116.718.29.7
29-Year 11-Month, reopening4.3452.4620.00020.00064.519.715.87.5
30-Year4.1892.4223.00031.60567.819.612.57.4
29-Year 10-Month, reopening3.9102.4318.00018.00069.020.110.98.0
29-Year 11-Month, reopening3.9082.5218.00018.00072.918.19.06.9
30-Year3.7412.4321.00026.72172.417.410.27.0
29-Year 10-Month, reopening3.6612.3618.00019.15169.119.811.17.2
29-Year 11-Month, reopening3.8772.3518.00018.00070.719.89.47.3
30-Year3.6862.2521.00029.20765.218.915.811.4
29-Year 10-Month, reopening3.5852.4518.00018.00074.616.39.05.0
29-Year 11-Month, reopening3.5132.2518.00018.00061.623.115.38.3
30-Year4.0802.4221.00028.36469.920.49.78.0
29-Year 10-Month, reopening3.9302.3918.00018.00069.118.712.28.0
29-Year 11-Month, reopening3.5112.4218.00018.00072.117.110.96.1
30-Year3.1062.3121.00034.28270.618.510.88.7
29-Year 10-Month, reopening3.1152.4419.00021.42273.216.310.56.5
29-Year 11-Month, reopening3.1852.3519.00020.11769.016.914.18.0
30-Year2.9972.3822.00037.39669.716.613.78.7
29-Year 10-Month, reopening2.8152.3020.00024.77165.218.915.99.0
29-Year 11-Month, reopening2.3752.4620.00023.36071.516.412.15.5
30-Year2.3402.3023.00036.91468.017.814.39.1
29-Year 10-Month, reopening2.0752.3522.00025.53065.017.117.97.5
29-Year 11-Month, reopening1.8952.2222.00025.24460.818.520.79.5
30-Year1.9402.2025.00039.46159.015.825.211.6
29-Year 10-Month, reopening2.0492.3624.00025.80670.517.212.37.9
29-Year 11-Month, reopening1.9102.4924.00026.55669.717.213.15.0
30-Year2.0402.2127.00039.04660.721.018.38.1
29-Year 10-Month, reopening2.0002.1924.00027.95161.116.622.310.0
29-Year 11-Month, reopening2.1722.2924.00026.20664.018.018.07.2
30-Year2.3952.2227.00041.32459.920.120.18.0
29-Year 10-Month, reopening2.3202.4724.00027.68461.021.917.15.0
29-Year 11-Month, reopening2.2952.2824.00025.48760.620.219.26.5
30-Year1.9332.1827.00036.79560.517.322.26.3
29-Year 10-Month, reopening1.8252.4724.00026.41368.617.214.23.5
29-Year 11-Month, reopening1.6652.4824.00025.02265.916.817.43.9
30-Year1.6802.2927.00034.40361.916.521.66.0
29-Year 10-Month, reopening1.5782.2923.00023.64362.015.023.06.5
29-Year 11-Month, reopening1.4732.3123.00023.94662.616.121.35.5
30-Year1.4062.1426.00041.46459.811.928.38.6
29-Year 10-Month, reopening1.3302.5019.00020.66772.010.517.43.6
29-Year 11-Month, reopening1.4502.3019.00019.27062.213.324.57.0
30-Year1.3422.3022.00033.63565.712.921.46.3
29-Year 10-Month, reopening1.3252.3517.00017.05666.411.022.65.5
29-Year 11-Month, reopening1.3202.3616.00016.01569.58.921.610.0
30-Year2.0612.4319.00027.45061.519.419.15.1
29-Year 10-Month, reopening2.3412.5416.00016.51263.017.919.13.1
29-Year 11-Month, reopening2.3072.4616.00016.00063.421.115.54.2
30-Year2.4302.2319.00027.99758.820.520.75.5
29-Year 10-Month, reopening2.1702.2516.00016.00058.518.522.95.1
29-Year 11-Month, reopening2.2702.2216.00016.00060.313.326.46.5
30-Year2.3352.2419.00031.39961.312.526.17.0
29-Year 10-Month, reopening2.6442.1316.00016.13650.016.833.27.4
29-Year 11-Month, reopening2.6072.3216.00016.00060.815.124.15.2
30-Year2.8922.2019.00025.47260.511.028.55.2
29-Year 10-Month, reopening2.9302.2516.00016.00260.514.425.16.0
29-Year 11-Month, reopening3.0142.2516.00016.00057.814.128.16.4
30-Year3.0222.2719.00023.57656.417.026.65.0
29-Year 10-Month, reopening3.0352.1916.00016.00057.315.926.74.5
29-Year 11-Month, reopening3.1652.3116.00016.00066.411.522.15.5
30-Year3.4182.0619.00022.87559.12.938.15.8
29-Year 10-Month, reopening3.3442.4215.00015.00064.412.822.83.5
29-Year 11-Month, reopening3.0882.3415.00015.00061.711.327.03.8
30-Year3.0902.2718.00020.42062.28.029.74.2
29-Year 10-Month, reopening2.9582.3414.00014.05461.910.327.84.4
29-Year 11-Month, reopening3.1002.3814.00014.00062.210.327.53.7
30-Year3.1302.3817.00021.09862.78.328.93.0
29-Year 10-Month, reopening3.0442.4113.00013.02261.014.624.44.5
29-Year 11-Month, reopening3.1092.3813.00013.00057.914.827.33.4
30-Year3.1212.2616.00019.02461.28.130.86.1
29-Year 10-Month, reopening2.8672.7412.00012.40671.57.321.23.3
29-Year 11-Month, reopening2.8042.4812.00012.00061.99.029.15.1
30-Year2.8012.2315.00016.82461.86.431.85.2
29-Year 10-Month, reopening2.8702.5312.00012.00062.810.626.64.6
29-Year 11-Month, reopening2.7902.2112.00012.00058.86.834.45.1
30-Year2.8182.3215.00019.51366.85.427.85.8
29-Year 10-Month, reopening2.9362.3112.00012.27461.76.431.96.6
29-Year 11-Month, reopening2.8702.3212.00012.00063.76.729.65.0
30-Year3.0502.1915.00019.95659.15.335.65.0
29-Year 10-Month, reopening2.9382.2312.00012.09964.55.829.77.7
29-Year 11-Month, reopening3.1702.3412.00012.00061.113.125.85.0
30-Year3.0052.2515.00016.73266.24.928.96.1
29-Year 10-Month, reopening2.9142.3212.00012.66566.74.528.86.4
29-Year 11-Month, reopening3.1522.3912.00012.00063.99.326.85.2
30-Year2.9022.1115.00018.28454.512.533.17.6
29-Year 10-Month, reopening2.4702.4412.00012.00065.46.128.54.5
29-Year 11-Month, reopening2.4752.1312.00012.00057.94.637.57.5
30-Year2.2742.2415.00016.53661.510.927.76.9
29-Year 10-Month, reopening2.1722.4812.00012.78268.58.423.14.2
29-Year 11-Month, reopening2.4752.4212.00012.00064.98.127.04.5
30-Year2.6152.1915.00018.39259.78.831.56.1
29-Year 10-Month, reopening2.5962.4012.00012.08465.110.824.13.6
29-Year 11-Month, reopening2.7202.3312.00012.00060.912.027.04.5
30-Year2.5002.0915.00016.17858.010.331.710.9
29-Year 10-Month, reopening2.9052.2913.00013.00056.510.832.66.3
29-Year 11-Month, reopening2.9782.4213.00013.00063.910.425.74.8
30-Year3.0702.4116.00016.08260.310.229.64.0
29-Year 10-Month, reopening2.9142.4613.00013.00056.415.528.14.0
29-Year 11-Month, reopening2.9802.5413.00013.00066.07.426.63.0
30-Year2.8802.2616.00016.32251.99.938.27.0
29-Year 10-Month, reopening3.0842.2313.00013.00051.18.140.86.1
29-Year 11-Month, reopening3.1382.5413.00013.00052.014.433.63.8
30-Year3.0442.2016.00016.36250.811.138.06.4
29-Year 10-Month, reopening2.5972.1813.00013.00051.37.041.86.8
29-Year 11-Month, reopening2.6812.1813.00013.00051.911.636.65.9
30-Year2.5602.2616.00016.00149.415.535.15.4
29-Year 10-Month, reopening2.4302.3213.00013.00048.913.737.45.6
29-Year 11-Month, reopening2.8482.7613.00013.00049.824.325.92.9
30-Year3.0922.2916.00016.02143.813.842.54.7
29-Year 10-Month, reopening3.0742.4013.00013.00046.221.532.23.4
29-Year 11-Month, reopening3.2402.6713.00013.00045.521.832.81.8
30-Year3.2242.6016.00016.00045.924.429.81.5
29-Year 10-Month, reopening3.3692.4013.00013.00053.211.135.74.7
29-Year 11-Month, reopening3.4442.6913.00013.00051.821.826.52.0
30-Year3.4402.0916.00016.00040.48.451.27.4
29-Year 10-Month, reopening3.5252.5213.00013.00043.317.938.83.9
29-Year 11-Month, reopening3.6302.3513.00013.00038.812.648.65.8
30-Year3.6902.2716.00016.00045.313.940.83.0
29-Year 10-Month, reopening3.8992.5713.00013.00044.417.538.13.9
29-Year 11-Month, reopening3.9002.3513.00013.00046.012.541.44.1
30-Year3.8102.1616.00016.00035.318.346.55.2
29-Year 10-Month, reopening3.7582.6413.00013.00041.922.635.51.8
29-Year 11-Month, reopening3.8202.4013.00013.00037.720.641.74.1
30-Year3.6522.1116.00016.00040.217.142.75.3
29-Year 10-Month, reopening3.6602.2613.00013.00040.216.343.44.1
29-Year 11-Month, reopening3.3552.4713.00013.00040.28.551.37.0
30-Year2.9802.5316.00016.00038.815.545.73.6
29-Year 10-Month, reopening2.9982.4913.00013.00031.419.249.34.8
29-Year 11-Month, reopening3.2482.4313.00013.00042.04.953.16.3
30-Year3.1802.7416.00016.00036.414.549.14.1
29-Year 10-Month, reopening3.0702.7713.00013.00037.816.745.53.8
29-Year 11-Month, reopening2.9172.5013.00013.00033.720.346.16.2
30-Year2.8202.7716.00016.00045.412.442.12.0
29-Year 10-Month, reopening2.9042.4913.00013.00026.514.259.36.0
29-Year 11-Month, reopening2.8962.6813.00013.00038.712.448.93.6
30-Year2.8252.4116.00016.00036.77.755.66.0
29-Year 10-Month, reopening2.5802.7013.00013.00036.820.143.13.1
29-Year 11-Month, reopening2.7202.4013.00013.91832.524.043.54.1
30-Year3.0902.7316.00017.00133.815.450.83.0
29-Year 10-Month, reopening3.2302.7613.00015.36530.713.455.95.9
29-Year 11-Month, reopening3.3832.7013.00013.90329.014.756.36.3
30-Year3.2402.4716.00017.95129.214.756.16.0
29-Year 10-Month, reopening2.9852.6013.00013.92331.97.260.97.1
29-Year 11-Month, reopening2.9253.0513.00013.47632.521.246.33.5
30-Year3.1992.4016.00017.22428.415.855.79.9
29-Year 10-Month, reopening3.1202.9413.00013.00028.729.541.92.5
29-Year 11-Month, reopening3.3102.8513.00013.00039.417.343.32.5
30-Year3.7502.0816.00016.49012.219.568.312.1
29-Year 10-Month, reopening4.1982.8013.00013.00037.821.940.32.8
29-Year 11-Month, reopening4.2382.6313.00013.00038.49.352.36.8
30-Year4.3802.4316.00016.00033.08.758.28.0
29-Year 10-Month, reopening4.5312.8313.00013.64047.210.842.03.6
29-Year 11-Month, reopening4.5693.0213.00013.00040.76.453.03.9
30-Year4.7502.5116.00016.36743.18.048.98.0
29-Year 10-Month, reopening4.5152.6713.00013.28537.812.449.98.6
29-Year 11-Month, reopening4.4102.7413.00013.18949.58.142.43.0
30-Year4.3202.3116.00016.42938.410.850.810.0
29-Year 10-Month, reopening3.8522.4913.00013.11432.49.158.67.0
29-Year 11-Month, reopening3.8202.7313.00013.14136.18.355.66.5
30-Year3.9542.7716.00016.95846.018.635.36.4
29-Year 10-Month, reopening4.0802.8913.00013.00437.416.146.44.1
29-Year 11-Month, reopening4.1822.8713.00013.07536.020.343.74.2
30-Year4.4902.6016.00017.39532.521.845.75.2
29-Year 10-Month, reopening4.7702.7313.00013.95236.825.537.74.2
29-Year 11-Month, reopening4.6792.8913.00013.15423.929.646.43.4

The table scrolls sideways; the first column stays in place.

When are the next 30-year bond auctions?Treasury's tentative schedule, from its quarterly refunding
Tentative 30-year bond auction dates
AuctionIssueAnnouncementSettles
New issue
Reopening
Reopening

Tentative: Treasury plans these dates in its quarterly refunding and may change them; amounts come with each announcement.

What do the figures leave out, and how are they cited?Limits, dates and how to cite

Observed .

Shares of competitive bids, grades against earlier auctions and the high-minus-median spread are computed by 500metrics from Treasury's published fields.

How to cite this

U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Treasury Securities Auctions Data, through 8 October 2026. Compiled by 500metrics, "How did the latest 30-year Treasury bond auction go?", https://500metrics.com/treasury/auctions/30-year-bond.

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