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US sells 7-year notes at 4.185% vs 4.193% WI

  • Prior was 4.327%
  • Bid to cowl 2.61 vs 2.58 prior

That is the third public sale this week and the tie-breaker. The two-year sale tailed and the 5-year sale stopped by.

With one other sturdy one right here (and maybe some quarter-end demand) US yields are decrease by 3 to 4.5 bps throughout the curve and on the extremes of the day.

This text was written by Adam Button at www.forexlive.com.

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