Big miss on the seven year sale
That will help to reverse the rally in bonds today.
- Bid to cover 2.36 vs 2.39 prior
This is a big enough miss to put a bid under the US dollar with USD/JPY climbing about 10 pips on the headlines.
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US sells 7-year notes at 2.236% vs 2.215% WI bid
US sells 7-year notes at 2.236% vs 2.215% WI bid
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