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Treasury Auction

30-Year Bond

November 13, 2025

C

Key Metrics

Offered

$25B

Bid-to-Cover

2.29

13th percentile

High Yield

4.694%

Tail

+2.4bp

50th pct (higher=worse)

Indirect

71.0%

88th percentile

Dealer

14.5%

Recent 30-Year Auctions

DateB/CTailIndirectGrade
August 7, 20252.27+0.3bp59.5%D-
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

30-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History