$12 Billion 30 Year Auction Closes At 4.009% High Yield, 2.37 Bid To Cover

  • Yields 4.009% vs. Exp. 3.994%
  • Bid To Cover 2.37 vs. Avg. 2.59 (Prev. 2.92)
  • Indirects 34.5% vs. Avg. 48.03% (Prev. 46.7%)
  • Indirect Bid To Cover: 1.51
  • Allotted at high 27.53%
  • 8.5% of accepted to directs