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US sells 7-year notes at high yield of 1.885%

Discussion in 'Market News' started by ForexLive, Oct 29, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Up from Septembers 1.813% auction The US treasury auctioned off 29 bln of 7 years notes at a high yield of 1.885%. The Bid to cover ratio came in at 2.55. This was higher than the 2.51 seen in September. The dealers took 23.67% which was the lowest on record. Direct bidders took 13.99% (recent average is 11.5%) and indirect bidders took 62.34%.

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