The Treasury sells $29B in 7 year notes priced to yield 1.415%, a bit higher than secondary...

|By:, SA News Editor

The Treasury sells $29B in 7 year notes priced to yield 1.415%, a bit higher than secondary market pricing before the auction of 1.38%. The bid/cover ratio was 3.2, the highest in several months. Treasury yields remain moderately lower on the day, the 10 year off 2 bps to 1.92%