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Weak demand at auction of 30-year Treasury bonds

A government auction of 30-year Treasury bonds is drawing weak bids as investors return to buying European debt. The Treasury Department sold $13 billion in 30-year bonds Thursday at a higher yield than similar bonds fetched on the market at the time. A bond’s yield rises as its price falls. Data from CRT Capital Group… Continue Reading Weak demand at auction of 30-year Treasury bonds