July 11, 2019 / 5:20 PM / a month ago

TREASURIES-Yields jump after soft demand at 30-year auction

NEW YORK, July 11 (Reuters) - Treasury yields rose on Thursday afternoon after the Treasury Department auctioned off $16 billion of 30-year bonds to soft demand.

Indirect bidders, a group which includes foreign central banks, took the smallest percentage of a 30-year offering since February 2015. The 30-year yield was last up 7.3 basis points to 2.645%. (Reporting by Kate Duguid Editing by Chizu Nomiyama)

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