30-year Treasury auction draws strong demand after $22 billion sale
The $22 billion auction of 30-year Treasurys saw strong demand for the second day in a row, giving the bond market some afternoon relief. Longer-term Treasury yields remained much higher on the day but moved further off session highs.
For a second straight day, a strong auction of longer-term Treasurys offered some afternoon relief to the bond market. Longer-term Treasury yields were still sharply higher on the day, but they eased from session highs after a $22 billion auction of 30...