U.S. Treasuries prices pare losses after debt sale
NEW YORK Jan 10 (Reuters) - Prices for U.S. Treasuries pared losses after 30-year government bonds fetched a lower yield than the market expected in a debt sale on Thursday.
On the open market, prices for 30-year U.S. Treasuries gave up losses to trade slightly higher, rising 1/32 to yield 3.061 percent, after dropping earlier in the day.
Prices for 10-year notes traded down 6/32 to yield 1.88 percent after the auction.
The U.S. Treasury sold $13 billion of 30-year bonds on Thursday at a high yield of 3.070 percent, with a higher than average bid-to-cover ratio.
- Lost airliner was diverted deliberately: Malaysian PM |
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- Malaysia PM says lost plane's movements indicate a deliberate act
- UPDATE 2-Satellite data shows missing Malaysia plane may have flown thousands of miles-source
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data