#US30YBondBidToCoverFallsTo2.39 US 30Y TREASURY AUCTION SENDS A WARNING SIGNAL! 🇺🇸📉
The latest 30-year U.S. Treasury auction saw the bid-to-cover ratio fall to 2.39, down from 2.44 in the previous auction. At the same time, the Treasury sold around $25B of 30-year bonds at a 5.216% yield — the highest level since 2001.
A lower bid-to-cover ratio means demand weakened at the auction, while the elevated yield shows investors are demanding more return to hold long-term U.S. government debt.
This is important for stocks, bonds, the dollar and crypto because higher long-term yields can tighten financial conditions and increase borrowing costs across markets. 📊#US30YBondBidToCoverFallsTo2.39 $ETH
$BONK
The latest 30-year U.S. Treasury auction saw the bid-to-cover ratio fall to 2.39, down from 2.44 in the previous auction. At the same time, the Treasury sold around $25B of 30-year bonds at a 5.216% yield — the highest level since 2001.
A lower bid-to-cover ratio means demand weakened at the auction, while the elevated yield shows investors are demanding more return to hold long-term U.S. government debt.
This is important for stocks, bonds, the dollar and crypto because higher long-term yields can tighten financial conditions and increase borrowing costs across markets. 📊#US30YBondBidToCoverFallsTo2.39 $ETH
$BONK