The Treasury Department Thursday auctioned $13 billion of 30-year bonds with a 3 3/4% coupon at a 3.900% high yield, a price of 97.359944.
The bid-to-cover ratio was 2.35.
Tenders at the high yield were allotted 17.28%.
The median yield was 3.859%. The low yield was 3.800%.
Tenders totaled $30,549,000,000 and the Treasury accepted $13,000,000,000 including $5,000,000 non-competitive.
The Fed banks also bought nothing for their own account in exchange for maturing securities.
The bonds dated December 16, will mature December 15, 2043.