Ugly, Tailing 7Y Auction Sees Lowest Foreign Demand In Over 3 Years

Ugly, Tailing 7Y Auction Sees Lowest Foreign Demand In Over 3 Years

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Ugly, Tailing 7Y Auction Sees Lowest Foreign Demand In Over 3 Years – altnews.org

The week’s last coupon auction is in the books, and perhaps because people are just tired of dealing with the

Ugly, Tailing 7Y Auction Sees Lowest Foreign Demand In Over 3 Years - Nemos News Network

The week’s last coupon auction is in the books, and perhaps because people are just tired of dealing with the non stop headline ping pong, it was also the ugliest. The sale of $44BN in 7Y paper priced at a high yield of 4.123%, down 11bps from March and tailing the When Issued 4.121% by 0.2bps; this was the second straight tail and follows 6 consecutive stop throughs. The bid to cover was largely unchanged from last month, printing at 2.55, up f…

United States 7-Year Note Auction down to 4.123% from previous 4.233%

United States 7-Year Note Auction down to 4.123% from previous 4.233%