---
title: "U.S. Treasury Auction of Short-Term Securities Shows Steady Demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296253178.md"
description: "U.S. Treasury auctions of short-term six-week bills showed steady demand, selling $102 billion at a high rate of 3.645%, below the market yield of 3.696%. The bid-to-cover ratio rose to 2.97 from 2.93. Indirect bidders acquired 65.5% of the bills, indicating slightly lower foreign demand compared to recent trends where they typically buy around 70%. This contrasts with long-term debt, where the 30-year bond auction last week cleared at a record-high yield of 5.216%."
datetime: "2026-08-18T16:22:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296253178.md)
  - [en](https://longbridge.com/en/news/296253178.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296253178.md)
generator: "portal-rs"
---

# U.S. Treasury Auction of Short-Term Securities Shows Steady Demand

By Paulo Trevisani

A U.S. Treasury auction of short-term debt Tuesday showed signs of steady demand, amid a global selloff of government debt that sharply increased borrowing costs in developed countries. 

The Treasury's weekly auction sold $102 billion in six-week bills, with a high rate of 3.645%. That compared to a market yield of 3.696% at the time, according to LSEG, in a sign of strong demand overall. 

The bid-to-cover ratio, a measure of investor demand, was 2.97, up from 2.93 in last week's auction. 

The Treasury has been offering nearly $100 billion in recent six-week bill auctions as it increases issuance of shorter-term debt. Investors have been snatching up the securities at yields between 3.35% and 3.7%. 

Indirect bidders, a group that includes foreign institutional buyers, have been purchasing around 70% of the auctioned six-week bills. They acquired 65.5% at Tuesday's auction, indicating lower demand by foreigners this week. 

In contrast, investors are demanding a much higher yield for long-term debt. In the most recent 30-year Treasury bond auction last week, the high yield cleared at 5.216%, the highest since 2001. 

(END) Dow Jones Newswires

August 18, 2026 12:10 ET (16:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**