Thu, 09 May 2013 17:14:03 GMT
US bonds slightly lower on upcoming auction
On Thursday, the US government bonds were traded lower, with the yields reaching the one-month high before the treasury is selling $16 billion worth of debt, amid decreasing inflation expectations. The yield on 30-year US government bonds was almost unchanged at the level of 2.99% by 9:57 a.m. in New York.