Financial News: Seven-Year Note Auction Attracts Below Average Demand

Seven-Year Note Auction Attracts Below Average Demand

03/26/2026 - 13:16:00 (RTTNews)

(RTTNews) - Finishing off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $44 billion worth of seven-year notes attracted below average demand.

The seven-year note auction drew a high yield of 4.255 percent and a bid-to-cover ratio of 2.43.

Last month, the Treasury also sold $44 billion worth of seven-year notes, drawing a high yield of 3.790 percent and a bid-to-cover ratio of 2.50.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous seven-year note auctions had an average bid-to-cover ratio of 2.54.

Earlier this week, the Treasury revealed this month's auctions of $69 billion worth of two-year notes and $70 billion worth of five-year notes also attracted below average demand.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Seven-Year Note Auction Attracts Below Average Demand (01 hr(s), 13 min(s), 03 sec(s) ago)
(RTTNews) - Finishing off this week's series of announcements of the results of its long-term ...Full Story»

U.S. Weekly Jobless Claims Increase In Line With Estimates (04 hr(s), 21 min(s), 03 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed a modest increase in firs ...Full Story»

South African Producer Price Inflation Eases To 7-month Low (05 hr(s), 16 min(s), 03 sec(s) ago)
(RTTNews) - South Africa's producer price inflation moderated in February to the lowest level ...Full Story»

Iceland Inflation Rises To 5.4%, Highest In 18 Months (05 hr(s), 43 min(s), 03 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in March to the highest level in one-a ...Full Story»

U.S. Weekly Jobless Claims Rise To 210,000 (05 hr(s), 53 min(s), 03 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed a modest increase in firs ...Full Story»

Taiwan Jobless Rate Falls In February (06 hr(s), 17 min(s), 03 sec(s) ago)
(RTTNews) - The unemployment rate in Taiwan dropped February to the lowest level in eight months, ...Full Story»

Italy Consumer Confidence Falls To 29-month Low; Business Morale Remains Broadly Stable (07 hr(s), 18 min(s), 03 sec(s) ago)
(RTTNews) - Italy's consumer confidence decreased in March to the lowest level in nearly two-a ...Full Story»

French Manufacturing Confidence At 4-Month Low (07 hr(s), 21 min(s), 03 sec(s) ago)
(RTTNews) - French manufacturing sentiment weakened to a four-month low in March largely due to lo ...Full Story»