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BRIEFLY

November 06, 1987

Yields on 30-year Treasury bonds fell to their lowest level in seven months at the latest auction The average yield was 8.79%, down from 8.89% at the last auction on Aug. 13. It was the lowest rate since 30-year bonds averaged 8.76% on May 7. The bonds will carry a coupon rate of 8.875% with each $10,000 in face value selling for $10,084.40. A total of $4.78 billion in bonds were sold out of bids totaling $20.02 billion.

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