20-Year Auction Sees Strong Demand

Group 1 - The U.S. Treasury Department successfully auctioned $13 billion of newly issued 20-year bonds, indicating strong investor demand [1][2] - The yield accepted by investors for the 20-year note was 4.846%, which is 0.011 percentage points lower than the yield prior to the bidding deadline, suggesting that the Treasury did not need to offer higher yields to attract buyers [2]