The US Treasury’s 20-year bond auction cleared at 5.163%, compared with 4.927% previously. The result implies a higher yield at sale than the prior auction level.
The move indicates borrowing costs on the 20-year tenor rose between auctions, with the auction yield up from 4.927% to 5.163%.
20-Year Bond Auction Results
The US Treasury’s 20-year bond auction cleared at 5.163%, compared with 4.927% previously. The result implies a higher yield at sale than the prior auction level.
Implications For Borrowing Costs
The move indicates borrowing costs on the 20-year tenor rose between auctions, with the auction yield up from 4.927% to 5.163%.
