U.S. Treasurys fell Thursday amid choppy stock trading and after the Treasury Department saw weak demand at a 30-year bond auction.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, rose to 1.757 percent, while the yield on the 30-year Treasury bond also climbed to 2.608 percent.
The Treasury sold $15 billion in 30-year bonds at a high yield of 2.615 percent. The bid-to-cover ratio, an indicator of demand, was 2.19 compared with a recent average of 2.34.
Indirect bidders, which include major central banks, were awarded 59.7 percent, versus a recent average of 59 percent. Direct bidders, which include domestic money managers, bought 8.8 percent, compared with a recent average of 11 percent.