The ratio for the previous auction was 3.07. The 30-year bond pared an earlier gain with the yield falling 2.5 basis points to 2.92% ahead of Thursday’s sale, down from 3.185% last month, the highest level since it was first sold.
The ratio for the previous auction was 3.07. The 30-year bond pared an earlier gain with the yield falling 2.5 basis points to 2.92% ahead of Thursday’s sale, down from 3.185% last month, the highest level since it was first sold.