A ppb-level CO sensor based on multi-comb optical-feedback cavity enhanced absorption spectroscopy with a 2.3 μm diode laser was developed for SF6 decomposition analysis in electric power system. The effective optical path reached to 4.5 km within 35 cm length cavity. Besides, through modulating the cavity length five times automatically, the spectral resolution was improved to 0.0015 cm-1 from 0.0071 cm-1. Targeting the R(6) line of CO first overtone band at 4285.01 cm-1, which is interference free from absorption spectra of SF6 mixtures (SF6, SO2, H2S, SO2F2, HF, CF4, CO2, COS, O2 and H2O), the minimum detection limit and detection precision under different gas pressures were performed. At optimum integration time of 30 s determined by Allan deviation analysis and gas pressure of 40 torr, the minimum detection limit and detection precision of CO were better than 18 ppb and 150 ppt, respectively.