August 29, 2018 / 5:20 PM / 3 months ago

U.S. 7-year notes sold to strong demand

NEW YORK, Aug 29 (Reuters) - The U.S. Treasury Department on Wednesday sold $31 billion in seven-year government notes to strong investor demand at a yield of 2.844 percent, below the 2.930 percent yield at the previous auction in July, Treasury data showed.

The ratio of bids to the amount of seven-year notes offered was 2.65, the strongest reading since January’s 2.73. This gauge of overall auction demand was 2.49 at the seven-year note sale in July. (Reporting by Richard Leong)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below