US Treasury renewed its $22 billion 30-year Treasury note with a win the bidding yield of 4.535 per cent and a pre-issue yield of 4.523 per cent at the 1pm New York time invite tenders close. Primary dealers were allocated 14.4 per cent, up from the previous round. Direct bidders were allocated 19.1 per cent and indirect bidders were allocated 66.5 per cent. The bid multiple was 2.39 times, lower than the average of 2.42 times for the past six renewals.