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US Bond Auction
21 Oct 2026
21 Oct 2026
Weak demand at 20-Year Treasury auction
The 20-Year Treasury bond auction drew a bid-to-cover of 2.31x, the lowest in seven auctions, and tailed by 2.1 bps vs. the prior day's curve.
20-Year bid-to-cover, 21 Oct 2026
2.31x
| Date | Reading | Vs. previous |
|---|---|---|
| Oct 21, 2026 | 2.31x | ▼ −8.3% |
| Sep 22, 2026 | 2.52x | ▲ +1.2% |
| Aug 18, 2026 | 2.49x | ▼ −3.5% |
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