Getting your player ready...
NEW YORK — Treasury prices rose Thursday after investors were reassured by the strong demand at the government’s latest bond auction.
The demand for Treasurys sent yields sharply lower as the government wrapped up a record $75 billion in debt sales this week by auctioning off $15 billion in 30-year bonds.
The price of the already issued 30-year bond rose 1 2 4/32 to 96 3 1/32, and its yield, which moves in an opposite direction from its price, fell to 4.43 percent from 4.54 percent late Wednesday.
