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المشهد العربي
U.S. Treasury issues 30-year bonds
The U.S. Treasury ended the week by selling $22 billion worth of 30-year bonds, with a relatively strong turnout as the yield reached its highest level in 26 years at 8.561%. This is higher than previous months' auctions, reflecting increasing market risks and investors' demand for long-term securities. The bid-to-cover ratio, excluding primary dealers such as central banks, exceeded the average by 7.73%, while direct bidders and institutional investors accounted for 9.20%. The results showed stable yields and a coverage ratio of 4.52 times, with 93% of the auctions attracted by direct and indirect bidders. This follows previous auctions of 3-year and 10-year bonds, as part of the U.S. government's ongoing efforts to fund its debt and meet its financial needs.
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