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FX/Bonds

US sells USD 77bln of 7yr notes; stops-through 0.1bps

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Tail: -0.1bps (WI 4.291%; prev. tail 0.5bps, six-auction average 0.3bps) High Yield: 4.29% (prev. 4.175%, six-auction average 3.992%) B/C: 2.52x (prev. 2.51x, six-auction average 2.48x) Dealer: 10.4% (prev. 11.6%, six-auction average 11.3%) Direct: 11.2% (prev. 30.0%, six-auction average 27.5%) Indirect: 78.4% (prev. 58.4%, six-auction average 61.2%)

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