US20Y
US 20Y Treasury
5.25
+0.02% (+0.00)
Updated 09:15 PMUS20Y
US 20Y Treasury
5.25
+0.02% (+0.00)
Updated 09:15 PMUS20Y
5.25
+0.02% (+0.00)
Updated 09:15 PM
Overview
If the 20-year bond were eliminated, existing holders would face a shrinking market for that specific maturity, which could affect how easily they can trade it. A move toward more short-term debt would reduce the government's reliance on longer-dated bonds, potentially easing pressure on long-term yields.
Updated 11:07 PM
High confidence08/20, 12:02 AM
The US 20-year Treasury auction cleared at a high yield of 5.204%, tailing by 0.5 basis points, with a bid-to-cover of 2.53 on $16 billion sold; indirect bidders took 62.9% and primary dealers 12.5%.
Affected assets
FinancialJuice
08/20, 12:02 AM
Related updates
Barchart·08/01, 02:36 AM
High impactUS 20-year Treasury ETF TLT reaches lowest price since 2004.
FinancialJuice·07/23, 12:02 AM
High impactThe US 20-year bond bid-to-cover ratio came in at 2.640, down from the previous 2.750.
FinancialJuice·08/24, 11:06 PM
Wall Street executives are considering Treasury buybacks, increased short-term debt issuance, and possible elimination of the 20-year bond.
Jin10·08/20, 12:47 AM
The US Treasury sold $18 billion of 20-year bonds at a high yield of 5.204%, tailing the when-issued rate by 0.5 bps, with a bid-to-cover of 2.53x versus the six-auction average of 2.66x, indicating slightly weak demand.
ZeroHedge·08/20, 12:42 AM
The US 20-year Treasury auction closed at a yield of 5.204%, just inside the October 2023 record of 5.245%, after Treasury buybacks sent 20Y yields down ~8 bps, preventing what would have been a record high yield.