30-year bond sale spurs ‘sigh of relief’ after weeks of angst
By: | Published: 2025-06-13 14:41:00 | Source: www.nationalmortgagenews.com
A closely watched auction of 30-year Treasuries saw stronger-than-expected demand on Thursday, easing for now worries that investors would shun the US government’s longest maturity.
The $22 billion sale followed weeks of fretting over whether spiraling budget deficits and President Donald Trump’s trade war would deter buyers from lending to the US for such a lengthy period. But it drew a yield of 4.844%, below the yield around the auction deadline. That was a sign of solid appetite, and 30-year bonds proceeded to extend their gains, leaving the yield down about 8 basis points at around 4.84% in late afternoon New York trading.
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The results pushed the benchmark rate on the long bond below where it was trading when Moody’s Ratings
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