The Treasury sells $13B in reopened 30-year bonds at 3.07% - the first time since May that the...

|By:, SA News Editor

The Treasury sells $13B in reopened 30-year bonds at 3.07% - the first time since May that the auction's yields have topped 3%. Bid-to-cover ratio of 2.77, vs. a recent average of 2.61; indirect bidders take 37.8%. Direct bidders take 16.7%.