Financial News: Seven-Year Note Auction Attracts Below Average

Seven-Year Note Auction Attracts Below Average

09/24/2026 - 13:17:00 (RTTNews)

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

The seven-year note auction drew a high yield of 5.085 percent and a bid-to-cover ratio of 2.42.

Last month, the Treasury also sold $44 billion worth of seven-year notes, drawing a high yield of 4.512 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 2.50.

Earlier this week, the Treasury announced 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 average demand, while the five-year note auction attracted well below average demand.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Index Falls More Than Expected In October (02 hr(s), 51 min(s), 03 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has deteriorated by more than expected in the month of ...Full Story»

Brazil Inflation Rises To 4.58% In September (02 hr(s), 50 min(s), 03 sec(s) ago)
(RTTNews) - Brazil's consumer price inflation accelerated in September to the highest level in ...Full Story»

Portugal Trade Deficit Narrows In August (04 hr(s), 21 min(s), 03 sec(s) ago)
(RTTNews) - Portugal's foreign trade shortfall decreased in August from a year ago, as exports ...Full Story»

Swiss Consumer Confidence Rises Slightly In September (05 hr(s), 20 min(s), 03 sec(s) ago)
(RTTNews) - Consumers in Switzerland remained marginally less pessimistic in September, survey dat ...Full Story»

Turkey Industrial Output Falls 1.9% (05 hr(s), 49 min(s), 03 sec(s) ago)
(RTTNews) - Turkey's industrial production declined in August due to the contraction in manufa ...Full Story»

Lithuanian Trade Gap Narrows In August (05 hr(s), 57 min(s), 03 sec(s) ago)
(RTTNews) - Lithuania's foreign trade deficit decreased in August from a year ago as exports g ...Full Story»

Romania Q2 GDP Contracts Less Than Estimated (06 hr(s), 13 min(s), 03 sec(s) ago)
(RTTNews) - Romania's economy shrank for the second straight quarter in the three months endin ...Full Story»

Japan Machine Tool Orders Surge 60.4% In September (07 hr(s), 25 min(s), 03 sec(s) ago)
(RTTNews) - Japan's machine tool order growth remained sharp in September despite easing since ...Full Story»