{"id":590375,"date":"2026-04-22T17:31:05","date_gmt":"2026-04-22T17:31:05","guid":{"rendered":"https:\/\/buglecall.org\/?p=590375"},"modified":"2026-04-22T17:31:05","modified_gmt":"2026-04-22T17:31:05","slug":"solid-20y-auction-stops-through-with-above-average-foreign-demand-3","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=590375","title":{"rendered":"Solid 20Y Auction Stops Through With Above Average Foreign Demand"},"content":{"rendered":"

Solid 20Y Auction Stops Through With Above Average Foreign Demand<\/span><\/p>\n

\n

The week’s lone coupon auction priced at 1pm when the Treasury sold $13 BN in 20Y paper, in a solid if not stellar auction.<\/p>\n

The auction stopped at a high yield of 4.883%, up from 4.817% in March and the highest since last July. It also stopped through the 4.892% When Issued by 0.9bps, the highest since January.<\/p>\n

\"\"<\/a><\/p>\n

The bid to cover was 2.68, down from 2.76 in March but above the 2.63 six-auction average.<\/p>\n

The internals were also solid with Indirects taking 67.4% of the auction, down modestly from 69.2% last month but also above the 62.9% recent average for foreign buyers. And with Directs taking 22.9%, up modestly from 21.6% last month, Dealers were left holding just 9.7%, down from the recent average of 11.2%.<\/p>\n

\"\"<\/a><\/p>\n

Overall, this was another solid auction, which is a welcome outcome at a time when 10Y yields are trading near weekly highs just around 4.30%.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nWed, 04\/22\/2026 – 13:31<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Solid 20Y Auction Stops Through With Above Average Foreign Demand The week’s lone coupon auction priced at 1pm when the Treasury sold $13 BN in 20Y paper, in a solid if not stellar auction. The auction stopped at a high yield of 4.883%, up from 4.817% in March and the highest since last July. It… Continue reading Solid 20Y Auction Stops Through With Above Average Foreign Demand<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":590364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[20,23],"tags":[],"class_list":["post-590375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-empowerment","category-national-security","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/590375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=590375"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/590375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/590364"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=590375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=590375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=590375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}