NEW YORK ( TheStreet) -- Treasury bonds traded firmly on optimism about the treasury market after a lukewarm reception of the government's seven-year notes auction Wednesday.
The treasuries had yields of 2.895%, the highest in months and more attractive to buyers than the 2.873% yields dealers were forecasting on average, according to a Bloomberg survey.
The two-year note was rising 2/32, pushing the yield down to 0.801%, the 10-year note was gaining 8/32, pushing the yield down to 3.459% and the 30-Year bond was up 6/32, lowering the yield to 4.526%.
"Another mixed takedown with a sizable tail, but above average non-dealer bidding
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