August 9, 2018 / 8:29 PM / in 4 months

TREASURIES-U.S. 30-year bond extends rally in late trade

NEW YORK, Aug 9 (Reuters) - The U.S. 30-year Treasury bond’s rally accelerated in late U.S. trading on Thursday, as the S&P 500 and Dow stock prices ended lower, adding some safe-haven bids to earlier demand following a fair $18 billion 30-year auction.

At 4:20 p.m. (2020 GMT), the 30-year bond was up 30/32 in price for a yield of 3.069 percent, down nearly 5 basis points from late on Wednesday. This marked the steepest one-day yield decline for the 30-year bond since June 27, according to Reuters data.

Reporting by Richard Leong; editing by Diane Craft

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below