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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (30934)	10/14/2010 2:16:31 PM
From: DebtBomb	Read Replies (1) \| Respond to of 71479

U.S. sees weak demand for 30-yr sale; bonds By Deborah Levine 4%3%2%1%0%-1%10a11a12p1p2p3pUST30Y UST10Y NEW YORK (MarketWatch) -- The Treasury Department sold $13 billion in 30-year bonds /quotes/comstock/31!ust30y (UST30Y 3.87, +0.06, +1.47%) on Thursday at a yield of 3.852%, up from 3.82%, last month. Bidders offered to buy 2.49 times the amount of debt sold, compared to 2.81 times at the last four comparable sales. Indirect bidders, a group which includes foreign central banks, bought 32.4% of the auction, versus and average of 36.6% of recent sales. Direct bidders, a class of investors that includes domestic money managers, purchased another 9%, compared with a 17.6% average. After the auction, the broader bond market extended its losses, pushing yields higher. Yields on 10-year notes /quotes/comstock/31!ust10y (UST10Y 2.47, +0.05, +1.90%) rose 6 basis points to 2.49%. marketwatch.com