30-Year Treasury
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How Treasury Coupon Auctions Work After the 5.020% Sale
Using the official November 10 10-year results—a 5.020% high yield, a 5% coupon, and a 2.46 bid-to-cover—this guide explains how to read a Treasury coupon auction. The $25 billion 30-year sale had not yet been released as an official result and is left blank.
