(Bloomberg) -- Treasuries pared their gains after a $5 billion auction of 30-year securities.
Indirect bidders, the class of investors that includes foreign central banks, bought 10.4 percent of the sale. The new 30-year issue sold at a 4.838 percent yield, more than the 4.831 percent forecast in a Bloomberg survey of five bond trading firms before the sale. There were $1.97 in bids for every $1 sold.
Read more at Bloomberg Bonds News
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