NEW YORK: The US Treasury Department on Thursday sold $19 billion of 30-year bonds at a yield of 2.892pc, which was the lowest yield for this debt maturity at an auction since January 2018, Treasury data showed.
The ratio of bids to the amount of the 30-year issue offered was 2.20, the weakest reading since January.
This measure on overall auction demand was 2.25 at the previous 30-year bond sale in April.
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