Thursday, May 10, 2007

U.S. Treasuries Maintain Gains After $5 Billion Auction of 30-Year Bond

(Bloomberg) -- Treasuries maintained gains after a $5 billion auction of 30-year securities attracted a below-average bid from a class of investors including foreign central banks.

``The auction went a little weaker than expected,'' said Charles Comiskey, head of U.S. government bond trading at HSBC Securities USA Inc. in New York, one of the 21 primary dealers that underwrite Treasury auctions.


Read more at Bloomberg Bonds News

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