US 30-year bond sale huge success
February 10, 2006
The US Treasury’s sale of 30-year long bonds in the US on Thursday, the first in over four years, was met with great success.
The U.S. Treasury received bids for 2.05 times the $14 billion in new 30-year bonds being offered for sale. Indirect bidders, which are an indication of demand from foreign investors and “real” money fund managers, amounted to a very strong 65.4 percent of the bids.
Comments
Got something to say?
Advertisement
