Treasury Yields Steady After 'Solid' 30-Year Bond Auction
Dow Jones
4 hours ago
Treasury yields are trading near session lows after a $22 billion auction of 30-year government bonds priced roughly in line with expectations.
The auction was met with 'solid' demand, BMO Capital Markets wrote to clients. Yields, which rise when bond prices fall, had climbed earlier in the trading session but flipped lower as oil prices also fell.
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