October 26, 2017 / 5:15 PM / in 4 months

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

NEW YORK, Oct 26 (Reuters) - The U.S. Treasury Department on Thursday sold $28 billion of seven-year government notes at a yield of 2.280 percent, the highest yield for this debt maturity at an auction since January, Treasury data showed.

The ratio of bids to the amount offered was 2.39, the weakest reading since August 2016. This measure of overall auction demand was 2.70 at the prior seven-year note sale in September. (Reporting by Richard Leong; Editing by Jonathan Oatis)

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