Foreign Buyers Take Record 80% of $39B US Treasury Auction

Key Facts

1Foreign buyers took a record 80% share of the U.S. Treasury's $39 billion bond auction.

Foreign buyers took a record 80% share of the U.S. Treasury's $39 billion 10-year note auction. 247wallst.com reported that the notes cleared at a yield of 5.300%, coming in below the 5.317% the market had priced before bidding closed, signaling robust international appetite.

The surge in foreign participation left primary dealers with just 2.54% of the competitive awards, the lowest share in the history of these sales compared to an 8.8% average. The bid-to-cover ratio reached 2.77 against a 2.54 average, while the 20-year Treasury yield stood at 5.71% on October 7, 2026.