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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 12 auctions
Last result ·
5.216%
tail +0.4bp · b/c 2.39 · indirects 66.8% WEAK
{
  "tenor": "30-year-bond",
  "date": "2026-08-13",
  "offering_usd": 25000000000,
  "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 put $25B on offer and 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:
5.216%
high yield
$25B
on offer
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 · recent auctions

DATECUSIPISSUEOFFEREDHIGH YIELDTAILB/CINDIRECTSDIRECTSDEALERSDESK RECAP
912810UW6 New $25B 5.216% +0.4bp 2.39 66.8% 21.6% 11.5% WEAK →
912810UU0 Reopen $22B 5.058% -0.3bp 2.44 77.7% 12.2% 10.1% IN LINE →
912810UU0 Reopen $22B 5.020% 2.33 60.0% 25.3% 14.7%
912810UU0 New $25B 5.046% 2.30 66.6% 21.7% 11.7%
912810UR7 Reopen $22B 4.876% 2.39 64.1% 24.2% 11.6%
912810UR7 Reopen $22B 4.871% 2.45 63.4% 27.2% 9.4%
912810UR7 New $25B 4.750% 2.66 69.9% 24.2% 5.9%
912810UP1 Reopen $22B 4.825% 2.42 66.8% 21.3% 12.0%
912810UP1 Reopen $22B 4.773% 2.36 65.4% 23.5% 11.2%
912810UP1 New $25B 4.694% 2.29 71.0% 14.5% 14.5%
912810UM8 Reopen $22B 4.734% 2.38 64.5% 26.9% 8.7%
912810UM8 Reopen $22B 4.651% 2.38 62.0% 28.0% 10.0%

Issue: a reopening re-auctions an existing security (same CUSIP), the norm for coupons outside refunding months; "New" sets a fresh coupon. Offered: the announced offering amount, what the Treasury put up for sale at that auction. 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 predate tail capture — the official records publish no when-issued yield at all. Desk recap: the desk's live verdict, posted the moment results cross.

Desk-captured results with full auction-record backfill · download a sample (CSV, recent auctions). The full history comes through the Helious API and MCP at api.helious.io/mcp, with depth set by plan. Read what a tail means · bid-to-cover explained · who indirect bidders are · who direct bidders are.

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