The Unloved 20-Year Treasury Bond Sells at 5.47%, Highest Auction Yield since… (1986*)

The Unloved 20-Year Treasury Bond Sells at 5.47%, Highest Auction Yield since… (1986*)

The bond market has come to grips with these 5%-plus yields and settles in.

US Treasury Auction Yields Hit 20-Year Highs, But The Relief Rally Misreads The Structural Problem

The consensus read on this week's US Treasury auction yields is broadly reassuring: demand emerged, yields did not blow out further, and the bond market

Treasury 20-Year Auction Sets a Record 5.469% High Yield

The bid-to-cover ratio climbed to 2.73, while indirect bidders took 58.2% of the sale, below their recent 65.2% average.