US 20-Year Auction High Yield Rises from Previous Month, Demand Higher

01:06 PM EDT, 09/15/2026 (MT Newswires) -- The US Treasury's 20-year auction hit a high yield of 5.420% on Tuesday, up from the 5.204% high in the previous auction. The bid to cover ratio for the auction was 2.57, above the 2.53 ratio in the previous auction. Dealers represented 57.97% of the bids, with direct bidders at 15.25% and indirect bidders at 26.77%. For takedown, dealers took 16.85%, with direct bidders at 30.68% and indirect bidders at 52.47%.