Long bonds pare losses after 20-yr TIPS auction

Published July 25th, 2007


Long-dated U.S. government bond prices pared losses on Tuesday after decent demand for a $6 billion auction of 20-year Treasury inflation-protected securities.

The nominal 30-year Treasury bond reversed earlier losses to trade up 1/32 in price for a yield of 5.05 percent, versus 5.06 percent before the auction and versus 5.06 percent late on Monday.





Related Articles
European bonds underperform US Treasuries
Japans Bonds Have Biggest Drop in Two Months Before Auction
JGB futures hold near 7 week high, good auction helps
Japan Bonds Show Little Change
UK gilts slip as markets waits for auction