US sells 7-year notes at 4.276% vs 4.279% WI ...Middle East

Prior was 4.650%Bid to cover 2.58 vs 2.43 priorYields steadily fell today ahead of the auction after a grind higher yesterday. We haven’t seen a coupon auction tail since the 3-year offering on June 10th. Since then, 2s, 3s (just now) 5s, 10s, 20s, 30s, and 5-year TIPS all stopped-through. This article was written by Adam Button at www.forexlive.com.

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