U.S. 20-Year Treasury Auction Shows Softer Demand
The Treasury sold $13 billion in 20-year bonds at a high yield of 5.469%, the auction's highest since Jan. 8, 1986.
By Jessica CoacciThe U.S. Treasury auction of 20-year bonds Wednesday showed softer- than-expected demand.The Treasury's monthly auction sold $13 billion in bonds, with a high yield of 5.469%. This is the highest yield in the 20-year auction since Jan. 8, 1986, when the high yield was 9.45%.
The Tr…