Treasury yields rose after weak demand at a 30-year note auction, with $25 billion issued 2.1 basis points above pre-sale yield. Deutsche Bank analysts noted lukewarm demand, following a similar trend at a 10-year Treasury auction. Demand for Treasuries has decreased due to recent weak U.S. jobs data, causing yields to fall.
Read more at Dow Jones & Company: Treasury Yields Edge Higher After Weak Auction Demand, Miran Fed Nomination
