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US treasury auctions off $72 billion of 7-year notes at a high yield of 1.306%

US treasury auctions off $72 billion of 7-year notes at a high yield of 1.306%

WI level at the time of the auction was 1.305%
– High yield 1.306% versus 1.305 WI at the time of the auction. The last auction came in at 1.30%
– Bid to cover 2.31x versus six month average of 2.25x
Overall is a decent auction.  The yield came in just a hair above the WI level (tail of 0.1 basis point).

Source: Forexlive RSS Breaking news feed
Date: April 28, 2021, 03:32