September 27, 2018 / 5:18 PM / 3 months ago

U.S. 7-year notes sold at highest yield since 2010

NEW YORK, Sept 27 (Reuters) - The U.S. Treasury Department on Thursday sold $31 billion of seven-year government notes at a yield of 3.034 percent, which was the highest at an auction of this debt maturity since April 2010, Treasury data showed.

The ratio of bids to the amount offered was 2.45 , the weakest reading since March. This gauge of overall auction demand was 2.65 at the previous seven-year note sale in August. (Reporting by Richard Leong; Editing by Jeffrey Benkoe)

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