Federal Reserve Expected To Hike Rates Another Quarter Percent

26 Apr '18 at 10:59 pm #16365
MoneyNeverSleeps
Participant

US treasury auctions $29B of 7 year notes at 2.952%, highest yield since April 2010

Bid to cover at 2.56x vs 2.34x at the last auction and Highest since January

12.7% to direct bidders
21.6% to primary dealers
65.8% to indirect bidders. indirect bidders largest January

Primary dealers take the smallest share of the seven-year supply since January