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6 months ago
U.S. 30-year TIPS supply sold at highest yield in a year
February 16, 2017 / 6:21 PM / 6 months ago

U.S. 30-year TIPS supply sold at highest yield in a year

NEW YORK, Feb 16 (Reuters) - The U.S. Treasury Department on Thursday sold $7 billion of 30-year Treasury Inflation Protected Securities at a yield of 0.923 percent, the highest in a year, Treasury data showed.

The ratio of bids to the amount of 30-year TIPS supply offered was 2.25, the lowest since a 30-year TIPS auction held in Feb. 2016. (Reporting by Richard Leong; Editing by Andrew Hay)

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