Stellar 7 Year Auction Sees 3rd Highest Foreign Award On Record
Stellar 7 Year Auction Sees 3rd Highest Foreign Award On Record In the week's final coupon auction, the US Treasury sold $44 billion in 7 Year notes to stellar demand. Extending on the strength yesterday's solid (if tailing) 5 Year auction, today's 7 Year sale printed at a high yield of 4.290%, up from 4.175% and the highest since Jan 2025. It also stopped through the When Issued 4.291% by 0.1bps, the first stop through since December 2025. The bid to cover was 2.518, up from...
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