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The U.S. 20-year Treasury won the bidding at a yield of 4.81%, slightly below pre-issue trading levels

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2025-04-16 18:26:19
The US Treasury won the bidding for a $13 billion 20-year Treasury issue yielded 4.81%, compared to a pre-issue trading level of 4.814% at 1pm ET. The win the bidding yield was 4.810%, compared to 4.632% last time. The bid multiple was 2.63 times, compared to 2.78 times last time. The primary dealer won the bidding for 17%, compared to 8.8% last time. The direct bidder won the bidding 12.3%, compared to 22.4% last time. The indirect bidder won the bidding for 70.7%, compared to 68.8% last time.
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