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Atrocious, Tailing 7Y Auction As Foreign Demand Craters

Atrocious, Tailing 7Y Auction As Foreign Demand Craters After a poor 2Y auction, a subpar 5Y yesterday, it only makes sense that the week's final coupon auction - today's sale of 7Y paper - was the ugliest yet.  Stopping at a high yield of 3.953%, this was a slight pick up from last month's 3.925%.......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/markets/atrocious-tailing-7y-auction-foreign-demand-craters