# Weak Demand at 30-Year Treasury Auction Sends 10-Year Yield Above 5.10%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55914
Published: 2026-11-12T21:19:47.000Z
Updated: 2026-11-12T21:19:47.000Z
Section: Investing

> Indirect bidders took 68.1% of the awards, below their recent average, while dealers received their largest share since June.

The U.S. Treasury sold $25 billion in 30-year bonds, and the 10-year yield reached a session high above 5.10% as auction allocations shifted away from indirect bidders and toward dealers.

Indirect bidders took 68.1% of the awards, down from 72.3% at the previous auction and below a recent average of 70.5%. Dealers received 11.4%, their largest share since June.

The auction's bid-to-cover ratio was 2.401, compared with 2.542 at the prior sale and a six-auction average of 2.437.

On Sept. 29, [benchmark Treasury yields reached multiyear highs](<https://www.tokenpost.com/news/investing/25764>): the 10-year yield briefly reached 5.293%, its highest since 2007, while the 30-year yield hit 5.6206%, its highest since 2002.



## Links in this article

- [benchmark Treasury yields reached multiyear highs](https://www.tokenpost.com/news/investing/25764)
