The Treasury Department sold a record $16 billion in 30-year bonds on Thursday at a yield of 4.469%, higher than traders anticipated. Investors bid for an average of 2.26 times the amount of debt offered, compared to an average of 2.23 times at the last three sales of new 30-year bonds. Indirect bidders bought 44% of the sale, compared to 48.1% of the last new sale of long bonds in August.
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