The Treasury sold $25B in 30-year bonds Thursday at a high yield of 5.441%, signaling softer investor appetite. $TLT $SPY $IWM The clearing yield landed 0.4 b

The Treasury sold $25B in 30-year bonds Thursday at a high yield of 5.441%, signaling softer investor appetite. $TLT $SPY $IWM The clearing yield landed 0.4 bps above pre-auction expectations. Auction demand: Bid-to-cover ratio = 2.36, down from 2.54 Indirect bidders = 68.1% of the offering, down…