The Treasury sells $29B in seven-year notes at 2.28% (.pdf). Bid-to-cover ratio of 2.63, vs. a...

|By:, SA News Editor

The Treasury sells $29B in seven-year notes at 2.28% (.pdf). Bid-to-cover ratio of 2.63, vs. a recent average of 2.82; indirect bidders take 39.6%, vs. a recent 42.1%. Direct bidders take 9.3%.