Government Debt Sale Sees Weakest Demand in Nine Years

A U.S. government debt sale drew the weakest demand in nine years, according to a Reuters commentary dated October 6, 2026. Bid-to-cover compares bids with the amount sold. Fewer dollars of bids chased each dollar of debt. The notes sold at a 5.033% yield, the annual return buyers receive. Thin demand can force yields higher to close deals.