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Treasury Auction

30-Year Bond

August 7, 2025

D-

Key Metrics

Offered

$25B

Bid-to-Cover

2.27

11th percentile

High Yield

4.813%

Tail

+0.3bp

33th pct (higher=worse)

Indirect

59.5%

11th percentile

Dealer

17.5%

Recent 30-Year Auctions

DateB/CTailIndirectGrade
May 8, 20252.31+4.9bp58.9%F
February 13, 20252.33-8.2bp65.1%D+
November 6, 20242.64+16.8bp62.7%D+
August 8, 20242.31+5.4bp65.3%F
May 9, 20242.41-0.5bp64.9%D+

30-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History