Financial Wire

US 30-Year Auction High Yield Rises From Previous Month, Demand Lower

The US Treasury's 30-year auction hit a high yield of 4.876% on Thursday, up from the 4.871% high in the previous auction.The bid to cover ratio for the auction was 2.39, below the 2.45 ratio in the previous auction.Dealers represented 54.35% of the bids, with direct bidders at 12.87% and indirect bidders at 32.78%.For takedown, dealers took 11.62%, with direct bidders at 24.23% and indirect bidders at 64.14%.

-- The US Treasury's 30-year auction hit a high yield of 4.876% on Thursday, up from the 4.871% high in the previous auction.

The bid to cover ratio for the auction was 2.39, below the 2.45 ratio in the previous auction.

Dealers represented 54.35% of the bids, with direct bidders at 12.87% and indirect bidders at 32.78%.

For takedown, dealers took 11.62%, with direct bidders at 24.23% and indirect bidders at 64.14%.