Mediocre 7Year Auction Tails For The 5th Time In The Past 6 Months

After a dismal 2Y auction and a solid 5Y, moments ago the Treasury concluded the week’s coupon issuance when it sold $35BN in 7 paper in a passable auction. The high yield of 3.626% was down sharply from the 4.062% in February if above January’s 3.517%; it also tailed the When Issued 3.615% by 1.1 […] Source