Financial News: Seven-Year Note Auction Attracts Average Demand

Seven-Year Note Auction Attracts Average Demand

04/28/2026 - 13:11:00 (RTTNews)

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

The seven-year note auction drew a high yield of 4.175 percent and a bid-to-cover ratio of 2.51.

Last month, the Treasury also sold $44 billion worth of seven-year notes, drawing a high yield of 4.255 percent and a bid-to-cover ratio of 2.43.

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 2.51.

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

The two-year note auction attracted modestly above average demand, while the five-year note auction attracted roughly average demand.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Slovakia Q1 GDP Growth Eases To 0.9% (32 min(s), 28 sec(s) ago)
(RTTNews) - The Slovakian economy grew at a slightly slower pace in the first quarter, flash data ...Full Story»

Czech Inflation Confirmed At 2.5% (01 hr(s), 26 min(s), 28 sec(s) ago)
(RTTNews) - The Czech Republic's consumer price inflation accelerated as initially estimated i ...Full Story»

Swedish Consumer Prices Fall As Estimated In April (01 hr(s), 52 min(s), 28 sec(s) ago)
(RTTNews) - Sweden's consumer prices decreased for the first time in six years as initially es ...Full Story»

French Inflation Accelerates On Energy Prices (02 hr(s), 19 min(s), 28 sec(s) ago)
(RTTNews) - France's consumer price inflation rose to its highest level since mid-2024 in Apri ...Full Story»

Finland Inflation Rises To 23-month High (02 hr(s), 18 min(s), 28 sec(s) ago)
(RTTNews) - Finland's consumer price inflation accelerated in April to the highest level in ne ...Full Story»

French Jobless Rate Highest In 5 Years (02 hr(s), 57 min(s), 28 sec(s) ago)
(RTTNews) - France's unemployment rate rose to the highest level in five years in the first qu ...Full Story»

Japan Eco Watchers Index Falls To 50-month Low (03 hr(s), 03 min(s), 28 sec(s) ago)
(RTTNews) - A measure of the public assessment of the current situation of the Japanese economy ...Full Story»

Germany Wholesale Prices Rise Most Since 2023 (03 hr(s), 32 min(s), 28 sec(s) ago)
(RTTNews) - Germany's wholesale prices grew at the fastest pace since early 2023 in April as t ...Full Story»