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

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US sells 7-year notes at 4.185% vs 4.193% WI
Prior was 4.327%Bid to cover 2.61 vs 2.58 priorThis is the third auction this week and the tie-breaker. The 2-year sale tailed and the 5-year sale stopped through.With another strong one here (and perhaps some quarter-end demand) US yields are lower by 3 to 4.5 bps across the curve and at the extremes of the day. This article was written by Adam Button at www.forexlive.com.

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