Market punishes U.S. Treasury bonds after poor auction

Market punishes U.S. Treasury bonds after poor auction

August 11, 2011, 1:24 pm

NEW YORK, Aug 11 (Reuters) - The U.S. Treasury sold $16billion worth of 30-year long bonds at a poorly receivedauction on Thursday, with investors showing the weakest overalldemand in 2-1/2 years and foreigners ...