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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...

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%.
Comments (2)
  • bbro
    , contributor
    Comments (9729) | Send Message
     
    7 year note at 1.045% a year...with a 6.6 duration risk....hmmmmmmmmm
    29 Nov 2012, 01:10 PM Reply Like
  • johnybutts
    , contributor
    Comments (62) | Send Message
     
    Please explain to us ignorant people on the sidelines.
    29 Nov 2012, 01:12 PM Reply Like
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