Bonds

US Treasurys mixed after 30-year bond sale

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U.S. bond yields were mixed Thursday after the Treasury Department auctioned $13 billion in 30-year bonds at a high yield of 2.905 percent.

The 30-year bond yield inched higher to 2.897 percent after the sale. The 10-year Treasury note also ticked higher for the day at 2.102 percent.

Yields on two-year and five-year notes, though, remained lower for the session after the auction. Two-year note yields last traded at 0.899 percent.

For the sale, the bid-to-cover ratio, an indicator of demand, was 2.29 versus a recent average of 2.34. Indirect bidders, which include major central banks, were awarded 56.5 percent. Direct bidders, which include domestic money managers, brought 10.8 percent.

2-year yields this week

Source: FactSet

Treasurys


Wednesday saw the Treasury auction $21 billion in 10-year notes at a high yield of 2.09 percent. The bid-to-cover ratio, an indicator of demand, was 2.77.

On the data front, initial jobless claims came in higher than expected, while U.S. import prices declined 1.2 percent last month.

"This data was very likely impacted by the holidays in that a lot of seasonal workers are hired and fired and also the unusual weather around the New yr and resumption of winter that has occurred over the past few weeks that may have impacted the pace of construction. I'll wait until next week to start drawing more confident conclusions," Peter Boockvar, chief market analyst at The Lindsey Group, said in a note, referring to the jobless claims data.

In oil markets, both U.S. and Brent crude rose more than 2 percent. Nonetheless, U.S. oil prices have fallen more than 15 percent this year.

St. Louis Fed President James Bullard said in a speech Thursday that the recent drop in oil prices could impact the central bank's monetary policy.

— CNBC's Katy Barnato contributed to this report