Amid some surging interest in the 10-year part of the curve today, the Treasury sells $29B in...

|By:, SA News Editor

Amid some surging interest in the 10-year part of the curve today, the Treasury sells $29B in seven-year notes at a record low yield of 1.347%. Bid-to-cover ratio of 2.83, vs. a recent average of 2.81; indirect bidders take 38.2%, vs. a recent 39.6%. Direct bidders take 17.6%, vs. a recent 14.3%.