--- title: "Twenty-Year Bond Auction Attracts Below Average Demand" type: "News" locale: "en" url: "https://longbridge.com/en/news/287099910.md" description: "The Treasury Department's auction of $16 billion in twenty-year bonds attracted below average demand, with a high yield of 5.122% and a bid-to-cover ratio of 2.55. This compares to last month's auction of $13 billion, which had a yield of 4.883% and a bid-to-cover ratio of 2.68, below the ten-auction average of 2.65." datetime: "2026-05-20T17:14:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287099910.md) - [en](https://longbridge.com/en/news/287099910.md) - [zh-HK](https://longbridge.com/zh-HK/news/287099910.md) --- # Twenty-Year Bond Auction Attracts Below Average Demand Add as your preferred news source on Google Add Now The Treasury Department announced the results of this month's auction of $16 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted below average demand. The twenty-year bond auction drew a high yield of 5.122 percent and a bid-to-cover ratio of 2.55. Last month, the Treasury sold $13 billion worth of twenty-year bonds, drawing a high yield of 4.883 percent and a bid-to-cover ratio of 2.68. The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold. The ten previous twenty-year bond auctions had an average bid-to-cover ratio of 2.65. On Thursday, the Treasury is scheduled to announce the details of this month's auctions of two-year, five-year and seven-year notes. For comments and feedback contact: editorial@rttnews.com Economic News **What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.** ### Related Stocks - [SPTL.US](https://longbridge.com/en/quote/SPTL.US.md) - [ZROZ.US](https://longbridge.com/en/quote/ZROZ.US.md) - [TLT.US](https://longbridge.com/en/quote/TLT.US.md) - [EDV.US](https://longbridge.com/en/quote/EDV.US.md) - [IEF.US](https://longbridge.com/en/quote/IEF.US.md) - [GOVT.US](https://longbridge.com/en/quote/GOVT.US.md) ## Related News & Research - [2-Year Treasury Yield Falls to 4.235% — Data Talk](https://longbridge.com/en/news/294252490.md) - [U.S. 2-year notes high yield 4.315%](https://longbridge.com/en/news/293952978.md) - [This 6.7%-yielding pipeline stock just raised its payout again -- here's why there's no stopping it now](https://longbridge.com/en/news/294587454.md) - [Why I wouldn't touch this 6.5% yielder, even at a discount](https://longbridge.com/en/news/293849398.md) - [3 Reliable Dividend Stocks To Consider With Up To 6.2% Yield](https://longbridge.com/en/news/294198089.md)