The Treasury sells $29B in seven-year notes at 2.744% (.pdf). Bid-to-cover ratio of 2.85, vs. a...

|By:, SA News Editor

The Treasury sells $29B in seven-year notes at 2.744% (.pdf). Bid-to-cover ratio of 2.85, vs. a recent 2.89; indirect bidders take 52.1%, vs. a recent 51.7%. Direct bidders take 5.7%, vs. a recent 8%.