The Treasury sells $16B in 30-year bonds at 4.38% (.pdf). Bid-to-cover ratio of 2.43, vs. a...

|By:, SA News Editor

The Treasury sells $16B in 30-year bonds at 4.38% (.pdf). Bid-to-cover ratio of 2.43, vs. a recent 2.55; indirect bidders take 33%, vs. a recent 40%. Direct bidders take 8.7%, vs. a recent 14.8%.