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

|By:, SA News Editor

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%.