FX/Bonds

US sells USD 44bln of 7yr notes; on the screws

StockNow breaking-news AI analysis

The U.S. Treasury sold USD 44 billion of 7-year notes at a high yield of 4.512% with a 0bps tail and a 2.50x bid-to-cover ratio.

News detail

High Yield: 4.512% (prev. 4.473%, six-auction avg. 4.207%): WI 4.512% Tail: 0bps (prev. 0.2bps, six-auction avg. 0.2bps) Bid-to-Cover: 2.50x (prev. 2.49x, six-auction avg. 2.49x) Dealers: 12.26% (prev. 13.0%, six-auction avg. 11.8%) Directs: 26.96% (prev. 16.9%, six-auction avg. 23.1%) Indirects: 60.78% (prev. 70.1%, six-auction avg. 65.1%)

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more