The Treasury sells $16B in 30-year bonds at 3.954% (.pdf), lowest yield since March 2009....

|By:, SA News Editor

The Treasury sells $16B in 30-year bonds at 3.954% (.pdf), lowest yield since March 2009. Bid-to-cover ratio of 2.77, vs. a recent 2.44; indirect bidders take 46%, vs. a recent 38.3%. Direct bidders take 18.6%, vs. a recent 16.7%. Treasurys remained slightly lower: 30-year yield +0.02 to 3.93%, 10-year +0.02 to 2.74%, 5-year +0.04 to 1.47%.