Longer-dated Treasury yields end at lowest level since late September after strong sale of 20-year government bonds

U.S. Treasury yields edged lower on Monday as traders digested the auction results of $16 billion in 20-year government bonds. Investors, meanwhile, awaited minutes of the Federal Reserve’s November meeting in an abridged trading week ahead of the Thanksgiving holiday.

What happened

What drove markets

U.S. Treasury yields traded near recent lows on Monday after an auction of 20-year government bonds drew stronger-than-expected demand, pushing Treasury prices higher. Bond yields and price move in the opposite…