December 28, 2017 / 6:13 PM / 5 months ago

U.S. 7-year notes sold at highest yield in 4 years

NEW YORK, Dec 28 (Reuters) - The U.S. Treasury Department on Thursday sold $28 billion of seven-year government notes at a yield of 2.370 percent, the highest yield at a seven-year auction since December 2013, Treasury data showed.

The ratio of bids to the amount of seven-year Treasuries offered was 2.55, the strongest reading since September. This gauge of overall auction demand was 2.36 at the previous seven-year note sale held in November. (Reporting by Richard Leong; Editing by Andrew Hay)

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