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The Treasury sells $29B in seven-year notes at 1.045%. Bid-to-cover ratio of 2.81, vs. a recent...

  • Thursday, November 29, 2012, 1:04 PM ET
    The Treasury sells $29B in seven-year notes at 1.045%. Bid-to-cover ratio of 2.81, vs. a recent average of 2.65; indirect bidders take 39%, vs. a recent 39.5%. Direct bidders take 19.7%, vs. a recent 15%.
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This news story has 2 comments:

  •  
    7 year note at 1.045% a year...with a 6.6 duration risk....hmmmmmmmmm
    29 Nov 2012, 01:10 PM Reply Like
  •  
    Please explain to us ignorant people on the sidelines.
    29 Nov 2012, 01:12 PM Reply Like
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