U.S. Government Sells $22 Billion in 30-Year Notes

Investing.com reports that the U.S. government sold $22 billion in 30-year notes on Thursday, yielding 4.535%, which was higher than the expected 4.523% but lower than the 4.608% seen in the last auction.

The bid to cover ratio for the auction increased to 2.39, compared to 2.64 in the previous auction.

Additionally, the yield on the 30-Year note was trading at 4.524%, approaching session highs of around 4.537%.