Substrate
finance

U.S. Sells $30 Billion in 30-Year Bonds at 5.046% Yield

The Treasury Department auctioned 30-year bonds at a high yield of 5.046 percent Wednesday, up from 4.876 percent at the previous sale. The bid-to-cover ratio slipped to 2.30 from 2.39, while indirect bidders increased their share. When-issued trading had pointed to a yield of 5.041 percent.

LI
1 source·May 13, 5:02 PM(2 hrs ago)·1m read
U.S. Sells $30 Billion in 30-Year Bonds at 5.046% Yieldmarketwatch.com
Audio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.

S. 876 percent rate at the previous auction. 39 previously. 2 percent they took in the prior auction.

1 percent last time. 041 percent ahead of the results. @LiveSquawk reported the full set of figures shortly after the auction closed.

U.S. government debt. 76 at the previous auction.

Direct participation continued a recent trend of declining shares for that category of buyer. The rise in indirect bidder acceptance, which typically includes foreign central banks and other large institutions, partially offset that softness. 041 percent in the hours leading into the auction.

046 percent cleared only slightly above that level, indicating limited tailing in the sale. Yields have risen this year amid shifting expectations for interest rates and inflation.

Key Facts

High yield rose to 5.046%
The U.S. 30-Year Bond Sale had a high yield rate of 5.046%. The previous high yield rate for the US 30-Year Bond Sale was 4.876%.
Demand metrics weakened slightly
The bid-cover ratio for the US 30-Year Bond Sale was 2.30. The previous bid-cover ratio for the US 30-Year Bond Sale was 2.39.
Bidder composition shifted
Direct bidders accepted 21.7% in the US 30-Year Bond Sale while indirect bidders accepted 66.6%. Previous figures were 24.2% and 64.1% respectively.

Story Timeline

3 events
  1. 2026-05-13

    U.S. Treasury conducts 30-year bond auction with high yield of 5.046%

    1 source@LiveSquawk
  2. 2026-05-13

    When-issued trading yield sits at 5.041% immediately prior to auction results

    1 source@LiveSquawk
  3. Previous auction

    Prior 30-year bond sale cleared at 4.876% high yield with 2.39 bid-cover ratio

    1 source@LiveSquawk

Potential Impact

  1. 01

    Higher long-term borrowing costs for the U.S. government on new debt issuance

  2. 02

    Signals continued foreign demand for U.S. Treasuries despite elevated yields

  3. 03

    Potential pressure on mortgage rates and corporate bond pricing in coming sessions

Transparency Panel

Sources cross-referenced1
Confidence score75%
Synthesized bySubstrate AI
Word count118 words
PublishedMay 13, 2026, 5:02 PM
Bias signals removed1 across 1 outlet
Signal Breakdown
neutral 1

Related Stories

Senate Confirms Kevin Warsh as Federal Reserve Chair in 54-45 VoteFinancial Times
finance15 min agoFraming65Framing risk65/100Lede and title foreground the Senate vote and partisan split over the substantive policy implications of Warsh's chairmanship and the unusual Powell return to the board.Click to jump to full framing analysis

Senate Confirms Kevin Warsh as Federal Reserve Chair in 54-45 Vote

The Senate voted 54-45 on Wednesday to confirm Kevin Warsh as the next Federal Reserve chair, replacing Jerome Powell whose term ends Friday. Only one Democrat, Sen. John Fetterman of Pennsylvania, crossed party lines. Warsh, a former Fed governor and close ally of Ben Bernanke d…

Cnbc
The Boston Globe
Axios
CBS News
Abc
+100
110 sources
Pentagon Signs Framework Agreements With Anduril, CoAspire, Leidos and Zone 5 for Low-Cost Cruise Missile Programnaturalnews.com
finance15 min agoFraming65Framing risk65/100The rewrite is largely neutral and fact-focused, with only mild inherited valence in official quotes and minor lede emphasis on the announcement process.Click to jump to full framing analysis

Pentagon Signs Framework Agreements With Anduril, CoAspire, Leidos and Zone 5 for Low-Cost Cruise Missile Program

The Pentagon on May 13, 2026 announced framework agreements with four companies to acquire over 10,000 low-cost cruise missiles over three years beginning in 2027. The deals launch the Low Cost Containerized Munitions Program and include purchases of test missiles starting in Jun…

FI
FI
BR
Benzinga
Defense News
5 sources
Bank of Canada Officials Discuss Interest Rate Outlookforbes.com
finance2 hrs agoFraming55Framing risk55/100Rewrite inherits consensus framing of uncertainty and scenario-weighing around geopolitical events, with heavy reliance on central bank minutes language that emphasizes range of views without substantive counterpoints.Click to jump to full framing analysis

Bank of Canada Officials Discuss Interest Rate Outlook

Bank of Canada policymakers discussed a range of views on the future path for interest rates during their last meeting, factoring in uncertainties from the Iran war and a review of the North American trade agreement. Minutes released Wednesday showed officials considered various…

FI
Bloomberg
2 sources