Solid bidding (2.52 bid-to-cover) in today's $24B, 7-year auction, much to the relief of the...

|By:, SA News Editor
Solid bidding (2.52 bid-to-cover) in today's $24B, 7-year auction, much to the relief of the government and bond market after yesterday's unsettling snub. That completes this week's $98B slate, while tomorrow brings the second round of Fed buyback operations. 30-year +0.77%. 10-year +0.48%. 5-year +0.34%. 2-year +0.11%.