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

Seven-Year Note Auction Attracts Well Below Average Demand

09/25/2025 - 13:12:00 (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 sale of $44 billion worth of seven-year notes attracted well below average demand.

The seven-year note auction drew a high yield of 3.953 percent and a bid-to-cover ratio of 2.40.

Last month, the Treasury also sold $44 billion worth of seven-year notes, drawing a high yield of 3.925 percent and a bid-to-cover ratio of 2.49.

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 2.63.

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

Indonesia Inflation At 18-Month High (17 min(s), 54 sec(s) ago)
(RTTNews) - Indonesia inflation accelerated to the strongest level in 18 months in October, offici ...Full Story»

Turkey Inflation Eases To 32.87%, Lowest In Nearly 4 Years (43 min(s), 54 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation eased further in October to the lowest level in ...Full Story»

Swiss Inflation Eases Unexpectedly In October (01 hr(s), 22 min(s), 54 sec(s) ago)
(RTTNews) - Switzerland's consumer price inflation slowed unexpectedly in October after remain ...Full Story»

Dutch Retail Sales Growth Eases To 3.8% (02 hr(s), 09 min(s), 54 sec(s) ago)
(RTTNews) - The Netherlands' retail sales growth eased for the second straight month in Septem ...Full Story»

European Economic News Preview: Eurozone Final Factory PMI Due (02 hr(s), 38 min(s), 54 sec(s) ago)
(RTTNews) - Factory purchasing managers' survey results from the euro area and the UK are the ...Full Story»

India Manufacturing Growth Quickens In October (02 hr(s), 51 min(s), 54 sec(s) ago)
(RTTNews) - India's factory activity expanded at an accelerated pace in October, underpinned b ...Full Story»

China Manufacturing Sector Ebbs In October - RatingDog (18 min(s), 06 sec(s) ago)
(RTTNews) - The manufacturing sector in China continued to expand in October, albeit at a slower r ...Full Story»

Australia Building Approvals Jump 12.0% In September (29 min(s), 06 sec(s) ago)
(RTTNews) - The total number of building permits issued in Australia was up a seasonally adjusted ...Full Story»