The 30-Year Bond Auction measures the yield on the longest-dated Treasury securities issued by the government. It serves as a benchmark for long-term interest rates, including mortgage rates. The results reflect long-term investor confidence in the economy and expectations for inflation over several decades.
The auction uses a competitive bidding system where the yield is set based on the bids received. The 'bid-to-cover' ratio is also a key metric, representing the total value of bids compared to the amount of bonds sold.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jul 16, 2026 | 3.97 | — | — |
| Jun 18, 2026 | 3.78 | — | — |
