Financial News: Seven-Year Note Auction Attracts Slightly Below Average De

Seven-Year Note Auction Attracts Slightly Below Average Demand

10/29/2026 - 14:54:00 (RTTNews)

(RTTNews) - The Treasury Department announced the results of this month's auction of $44 billion worth of seven-year notes on Thursday, revealing the sale attracted slightly below average demand.

The seven-year note auction drew a high yield of 4.894 percent and a bid-to-cover ratio of 2.46.

Last month, the Treasury also sold $44 billion worth of seven-year notes, drawing a high yield of 5.085 percent and a bid-to-cover ratio of 2.42.

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 2.49.

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 slightly below 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

Seven-Year Note Auction Attracts Slightly Below Average Demand (45 min(s), 42 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $44 billi ...Full Story»

ECB Holds Interest Rates Steady As Lagarde Decides To Leave (04 hr(s), 06 min(s), 42 sec(s) ago)
(RTTNews) - The European Central Bank left its key interest rates unchanged on Thursday, as expect ...Full Story»

Irish GDP Growth Eases To 5.5% In Q3 (05 hr(s), 06 min(s), 42 sec(s) ago)
(RTTNews) - Ireland's economy expanded at a slower pace in the third quarter, flash figures fr ...Full Story»

U.S. Economic Growth Exceeds Estimates In Q3 (05 hr(s), 19 min(s), 42 sec(s) ago)
(RTTNews) - Economic growth in the U.S. exceeded economist estimates in the third quarter of 2026, ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In September (05 hr(s), 30 min(s), 42 sec(s) ago)
(RTTNews) - A closely watched report released by the Commerce Department on Thursday showed consum ...Full Story»

Italy Consumer Confidence Weakens; Business Morale Improves (05 hr(s), 33 min(s), 42 sec(s) ago)
(RTTNews) - Confidence among Italian households worsened further in October to the lowest level in ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower (05 hr(s), 39 min(s), 42 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing a slight dip i ...Full Story»

U.S. PCE Price Index Increases In Line With Estimates In September (06 hr(s), 54 min(s), 42 sec(s) ago)
(RTTNews) - A closely watched report released by the Commerce Department on Thursday showed consum ...Full Story»