US 30-year auction better-than-feared

Investing.com -- The U.S. 30-year Treasury bond auction on Thursday was better-than-feared as demand remained strong.

The notes were awarded at 4.813%, below the pre-sale, or when-issue, rate of 4.839%.

The bid to cover ratio for the auction increased to 2.43 from 2.37 seen in the prior auction.

The yield on the United States 30-Year trading stood at 4.797% following the auction result.