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9 months ago
Bidding for U.S. 30-year bond supply strongest since July
October 13, 2016 / 5:26 PM / 9 months ago

Bidding for U.S. 30-year bond supply strongest since July

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NEW YORK, Oct 13 (Reuters) - Demand at the $12 billion auction of U.S. 30-year Treasury bonds on Thursday was the strongest in three months, as the recent rise in U.S. yields enticed investors seeking income-producing assets.

The ratio of bids to amount of 30-year bonds offered was 2.44, which was the highest since the 30-year auction in July and was above the 2.13 at the auction in September, Treasury data showed. (Reporting by Richard Leong, editing by G Crosse)

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