Canada Gains 18,000 Jobs, or 0.1% M/M, in June; MUFG Says Consensus Expected 10,000 Increase

US Treasury Closing Levels

3:00 Thursday vs 3:00 Wednesday2yr 99-29 vs 99-27; 4.160% vs 4.199%5yr 99-11+ vs 99-05; 4.267% vs 4.308%10yr 98-22+ vs 98-15+; 4.537% vs 4.565%30yr 99-06 vs 99-00+; 5.052% vs 4.563%2/10 37.520 bps vs 36.364 bps5/30 78.245 bps vs 75.490 bps

US 30-Year Auction High Yield Rises From Previous Month, Demand Higher

The US Treasury's 30-year auction hit a high yield of 5.058% on Thursday, up from the 5.020% high in the previous auction.The bid to cover ratio for the auction was 2.44, above the 2.33 ratio in the previous auction.Dealers represented 53.49% of the bids, with direct bidders at 8.43% and indirect bidders at 38.08%.For takedown, dealers took 10.05%, with direct bidders at 12.21% and indirect bidders at 77.74%.

US 30-Year High Yield 5.058% vs 5.020% Previous; Bid/Cover 2.44 vs 2.33 Previous