The Treasury sells $29B in seven-year notes at 1.496% (.pdf), beating last month's record low...

|By:, SA News Editor

The Treasury sells $29B in seven-year notes at 1.496% (.pdf), beating last month's record low yield of 1.58%. Bid-to-cover ratio of 3.02, vs. a recent average of 2.79; indirect bidders take 41.6%, vs. last month's 51.7%. Direct bidders take 13.6%.