The Treasury sells $29B in seven-year notes at 1.233%, slightly above earlier yield of 1.225%....

|By:, SA News Editor

The Treasury sells $29B in seven-year notes at 1.233%, slightly above earlier yield of 1.225%. Bid-to-cover ratio of 2.72, vs. a recent average of 2.75; indirect bidders take 39.9%, vs. a recent 37.6%. Direct bidders take 23.1%, vs. a recent 18.2%.