US 29-Year 10-Month Bond auction: 5.618% high yield, 2.54x bid-to-cover

1 SOURCE CONFIRMED · FIRST SEEN 2026-10-08 17:15 UTC

KINDRates

DIRECTION▼ Bearish

SOURCES1

ENTITIES3

STORY SIZESTANDALONE

FIRST SEEN2026-10-08 17:15 UTC

LAST UPDATE2026-10-08 17:15 UTC

STATEactive

01 THE MACHINE READ

WHY IT MATTERS.

A weak long-bond auction at 5.618% with 2.54x cover and +5.1bp tail signals soft demand for duration, pressuring long yields higher.

Soft 30Y demand keeps long-end yields elevated

CATALYST TO WATCH

Next long-bond auction and CPI print

MAIN RISK

Yields spike further, hitting rate-sensitive assets

FULL DISPATCH

US Treasury 29-Year 10-Month Bond auction (CUSIP 912810UW6, auctioned 2026-10-08): offering $22.0B; accepted $22.5B; high yield 5.618%; bid-to-cover 2.54x; +5.1bp vs average; WEAK AUCTION; dealers 6.8%; indirect 72.3%; direct 20.9%; SOMA add $0.52B.

02 THE STORY SO FAR

THE RECORD, IN ORDER.

STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.

03 WHO'S INVOLVED

ENTITIES ON FILE.

AFFECTED20Y+ Treasury ETF · TLT

AFFECTEDInterest Rates

AFFECTEDTreasury Bonds

04 RECEIPTS

THE SOURCE RECORD.

1 SOURCES CONFIRMED

№ 01treasuryapi.fiscaldata.treasury.gov · PRIMARY2026-10-08 17:15 UTCOPEN RECEIPT →

05 PROPAGATION

WHAT THIS TOUCHES.

→TENDENCYrate move transmits to risk assets
EUR/USD -0.8%2026-10-07 00:00 UTC

→TENDENCYrate move transmits to risk assets
VIX Volatility Index -3.3%2026-10-07 00:10 UTC

→TENDENCYrate move transmits to risk assets
10Y Treasury Yield -0.8%2026-10-07 00:10 UTC

→TENDENCYrate move transmits to risk assets
5Y Treasury Yield -0.8%2026-10-07 00:10 UTC

→TENDENCYrate move transmits to risk assets
30Y Treasury Yield -0.4%2026-10-07 00:10 UTC

→TENDENCYrate move transmits to risk assets
Amazon +1.9%2026-10-07 00:40 UTC

KEEP READING THE MACHINE

OPEN THE MACHINE →THE PREDICTION LEDGER →

Summaries are generated and may contain errors — every claim links its sources.