{"id":429428,"date":"2026-04-10T00:00:13","date_gmt":"2026-04-09T17:00:13","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/us-treasury-to-sell-22-billion-of-30-year-bonds-at-the-top-of-the-hour\/"},"modified":"2026-04-10T00:00:13","modified_gmt":"2026-04-09T17:00:13","slug":"us-treasury-to-sell-22-billion-of-30-year-bonds-at-the-top-of-the-hour","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-treasury-to-sell-22-billion-of-30-year-bonds-at-the-top-of-the-hour-429428\/","title":{"rendered":"US treasury to sell $22 billion of 30 year bonds at the top of the hour"},"content":{"rendered":"<div>\n<p data-start=\"138\" data-end=\"527\">Today\u2019s USD 22bln 30-year bond auction will be watched closely after the prior sale stopped at a high yield of 4.871%, which was above the six-auction average of 4.745%. The last auction showed a tail of -0.7bps, better than the -0.3bps six-auction average, while the bid-to-cover came in at 2.45x, a touch above the 2.42x average, pointing to solid overall demand.<\/p>\n<p data-start=\"529\" data-end=\"910\">Looking at the breakdown, dealers took 9.4% versus the 9.9% average, suggesting they were left with slightly less than normal. Direct bidders were awarded 27.2%, above the 24.0% average, while indirect bidders took 63.4%, below the 66.0% average. That mix suggests domestic demand was a bit firmer, while foreign participation was a touch softer than usual.<\/p>\n<p data-start=\"912\" data-end=\"1285\">The 3 and 10 year auctions on Tuesday and Wednesday was met with modest to average demand.  Will buyers show up for the longest maturity?<\/p>\n<p data-start=\"1287\" data-end=\"1306\">Auction history<\/p>\n<ul data-start=\"1307\" data-end=\"1683\">\n<li data-section-id=\"xnd7jd\" data-start=\"1307\" data-end=\"1372\">High Yield: Six-auction avg. 4.745%<\/li>\n<li data-section-id=\"1k2ibae\" data-start=\"1373\" data-end=\"1434\">Tail: Six-auction avg. -0.3bps<\/li>\n<li data-section-id=\"tah170\" data-start=\"1435\" data-end=\"1500\">Bid-to-Cover: Six-auction avg. 2.42x<\/li>\n<li data-section-id=\"151lbiv\" data-start=\"1501\" data-end=\"1559\">Dealers: Six-auction avg. 9.9%<\/li>\n<li data-section-id=\"43petp\" data-start=\"1560\" data-end=\"1620\">Directs: Six-auction avg. 24.0%<\/li>\n<li data-section-id=\"1gpx8ve\" data-start=\"1621\" data-end=\"1683\">Indirects: Six-auction avg. 66.0%<\/li>\n<\/ul>\n<p>As we head into the auction, the US yields are lower on the day with the two-year down 3 point basis points or 3.756%. The 10 year is down -2.5 basis points at 4.267%, and the 30 year is down 1.3 basis points at 4.873%. <\/p>\n<p>Looking at the US equities, the Dow industrial average is up 0.57%, the S&amp;P is up 0.51% and the NASDAQ index is up 0.61%.<\/p>\n<p>Crude oil is trading up $3 and $97.37.  Gold is up $71 at 4007 or $90 and silver is up near $2 and $76.10.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s USD 22bln 30-year bond auction will be watched closely after the prior sale stopped at a high yield of 4.871%, which was above the six-auction average of 4.745%. The last auction&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-429428","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=429428"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429428\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=429428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=429428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=429428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}