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HELIOUSAUCTIONS › 30-YEAR TREASURY BOND

30-Year Treasury Bond Auction: Results, Schedule & History

High yield
5.216%
Aug 13, 2026
Tail
+0.4bp
conceded yield
Bid to cover
2.39
12m avg 2.40
Indirects
66.8%
12m avg 66.5%
High yield, last 14 auctions
Last result · Aug 13, 2026
5.216%
tail +0.4bp · b/c 2.39 · indirects 66.8% WEAK
{
  "tenor": "30-year-bond",
  "date": "2026-08-13",
  "high_yield": 5.216,
  "tail_bps": 0.4,
  "bid_to_cover": 2.39,
  "indirect_pct": 66.8,
  "verdict": "WEAK"
}

The 30-Year Treasury Bond auction on Aug 13, 2026 stopped at a high yield of 5.216%, tailing 0.4bp against the when-issued yield, with a bid-to-cover of 2.39 against a 2.4 twelve-month average. Indirects took 66.8%, directs 21.6% and primary dealers 11.5%. Helious graded it WEAK. Captured live by Helious as the results crossed.

The long bond is the market's verdict on long-run inflation, fiscal sustainability, and term premium, the tenor most exposed to debt-supply fears. Pension and insurance demand dominates, so indirect and direct take here reveal whether real-money buyers are absorbing duration or leaving dealers holding it, and a bad 30s auction can reprice the entire curve.

NEXT AUCTION
Auctioned monthly: second week (typically thursday), closes refunding week; new issue feb/may/aug/nov, reopenings other months; results cross ~13:00 ET.
LATEST RESULT: AUG 13, 2026
5.216%
high yield
2.39
bid-to-cover
-0.01 vs avg
66.8%
indirects
+0.31 vs avg
21.6%
directs
-1.04 vs avg
11.5%
dealer take
+0.61 vs avg
WEAK
desk verdict
Full desk recap →
12-MONTH AVERAGES · 11 AUCTIONS
2.4
bid-to-cover
66.49%
indirects
22.64%
directs
10.89%
dealer take
The baseline a new result reads against: above-average cover, indirects and directs = solid investor demand; an above-average dealer take means the street absorbed the balance. Bidder shares are % of competitive accepted: indirects + directs + dealers sum to 100.

Results history

DATECUSIPISSUEHIGH YIELDTAILBID-TO-COVERINDIRECTSDIRECTSDEALERSDESK RECAP
Aug 13, 2026 912810UW6 New 5.216% +0.4bp 2.39 66.8% 21.6% 11.5% WEAK →
Jul 9, 2026 912810UU0 Reopen 5.058% -0.3bp 2.44 77.7% 12.2% 10.1% IN LINE →
Jun 11, 2026 912810UU0 Reopen 5.020% 2.33 60.0% 25.3% 14.7%
May 13, 2026 912810UU0 New 5.046% 2.30 66.6% 21.7% 11.7%
Apr 9, 2026 912810UR7 Reopen 4.876% 2.39 64.1% 24.2% 11.6%
Mar 12, 2026 912810UR7 Reopen 4.871% 2.45 63.4% 27.2% 9.4%
Feb 12, 2026 912810UR7 New 4.750% 2.66 69.9% 24.2% 5.9%
Jan 13, 2026 912810UP1 Reopen 4.825% 2.42 66.8% 21.3% 12.0%
Dec 11, 2025 912810UP1 Reopen 4.773% 2.36 65.4% 23.5% 11.2%
Nov 13, 2025 912810UP1 New 4.694% 2.29 71.0% 14.5% 14.5%
Oct 9, 2025 912810UM8 Reopen 4.734% 2.38 64.5% 26.9% 8.7%
Sep 11, 2025 912810UM8 Reopen 4.651% 2.38 62.0% 28.0% 10.0%
Aug 7, 2025 912810UM8 New 4.813% 2.27 59.5% 23.0% 17.5%
Jul 10, 2025 912810UK2 Reopen 4.889% 2.38 59.8% 27.4% 12.8%
Jun 12, 2025 912810UK2 Reopen 4.844% 2.43 65.2% 23.4% 11.4%
May 8, 2025 912810UK2 New 4.819% 2.31 58.9% 27.2% 13.9%
Apr 10, 2025 912810UG1 Reopen 4.813% 2.43 61.9% 25.8% 12.3%
Mar 13, 2025 912810UG1 Reopen 4.623% 2.37 60.5% 22.7% 16.9%
Feb 13, 2025 912810UG1 New 4.748% 2.33 65.1% 18.6% 16.3%
Jan 8, 2025 912810UE6 Reopen 4.913% 2.52 66.6% 20.7% 12.7%
Dec 12, 2024 912810UE6 Reopen 4.535% 2.39 66.5% 19.1% 14.4%
Nov 6, 2024 912810UE6 New 4.608% 2.64 62.7% 27.1% 10.2%
Oct 10, 2024 912810UC0 Reopen 4.389% 2.50 80.5% 7.4% 12.2%
Sep 12, 2024 912810UC0 Reopen 4.015% 2.38 68.7% 15.7% 15.7%
Aug 8, 2024 912810UC0 New 4.314% 2.31 65.3% 15.5% 19.2%
Jul 11, 2024 912810UA4 Reopen 4.405% 2.30 60.8% 23.4% 15.9%
Jun 13, 2024 912810UA4 Reopen 4.403% 2.49 68.5% 17.8% 13.7%
May 9, 2024 912810UA4 New 4.635% 2.41 64.9% 19.8% 15.4%
Apr 11, 2024 912810TX6 Reopen 4.671% 2.37 64.4% 18.3% 17.3%
Mar 13, 2024 912810TX6 Reopen 4.331% 2.47 69.3% 16.8% 13.9%
Feb 8, 2024 912810TX6 New 4.360% 2.40 70.7% 14.5% 14.8%
Jan 11, 2024 912810TV0 Reopen 4.229% 2.37 67.8% 17.7% 14.5%
Dec 12, 2023 912810TV0 Reopen 4.344% 2.43 68.5% 17.3% 14.2%
Nov 9, 2023 912810TV0 New 4.769% 2.24 60.1% 15.2% 24.7%
Oct 12, 2023 912810TT5 Reopen 4.837% 2.35 65.1% 16.7% 18.2%
Sep 13, 2023 912810TT5 Reopen 4.345% 2.46 64.5% 19.7% 15.8%
Aug 10, 2023 912810TT5 New 4.189% 2.42 67.8% 19.6% 12.5%
Jul 13, 2023 912810TR9 Reopen 3.910% 2.43 69.0% 20.1% 10.9%
Jun 13, 2023 912810TR9 Reopen 3.908% 2.52 72.9% 18.1% 9.0%
May 11, 2023 912810TR9 New 3.741% 2.43 72.4% 17.4% 10.2%

Issue: a reopening re-auctions an existing security (same CUSIP), the norm for coupons outside refunding months; "New" sets a fresh coupon. Tail: the high yield minus the when-issued yield at the bid deadline, in basis points. Positive means the auction had to concede yield to clear, negative means it stopped through. A dash means no tail exists or none was captured: bills never have one (they price off a discount rate, with no when-issued market), and rows before desk coverage began in July 2026 are TreasuryDirect's own records, which do not publish a when-issued yield at all. Desk recap: the desk's live verdict, posted the moment results cross.

Source: desk-captured results enriched with TreasuryDirect auction records · download the history (CSV). Read what a tail means · bid-to-cover explained · who indirect bidders are · who direct bidders are.

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2-Year Treasury Note3-Year Treasury Note5-Year Treasury Note7-Year Treasury Note10-Year Treasury Note20-Year Treasury Bond All auction tails →
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