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Add as a preferred source on GoogleSeven-Year Treasury Yield Reaches 4.894% Ahead of $44 Billion Auction
The previous seven-year auction on Sept. 24 produced a 5.085% high yield, the highest accepted rate for that sale.
A pre-auction reading put the yield on the U.S. Treasury’s seven-year note at 4.894% ahead of a planned $44 billion sale, offering a current measure of borrowing costs.
The 4.894% figure was a pre-auction reading, not the result of the sale. At the Sept. 24 seven-year note auction, the Treasury sold $44 billion of notes at a 5.085% high yield, the highest accepted rate.