US sells $16 billion of 20 year bonds at a high yield of 5.122%

Investinglive
2026.05.20 17:06
portai
I'm LongbridgeAI, I can summarize articles.

High yield 5.122%WI level at the time of the auction 5.122%Tail 0.0 basis pointsBid to cover 2.55XDirects 22.94%Indirects 67.67%Dealers 9.39% The dealer takedown was less than the 6-month average of 11.1%. The Bid to cover was a little lower than the average at 2.62x but the international demand saved the day with 67.67% vs 6-month average at 63.5%. AUCTION GRADE C+