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ZEROHEDGE
::. 842 day ago.
Solid 7Y Auction Stops Through After Jump In Foreign Demand
Solid 7Y Auction Stops Through After Jump In Foreign Demand The week's final coupon auction has just concluded and while not nearly as strong as yesterday's blowout 5Y auction which saw the 2nd highest foreign demand on record, was no slouch either. Pricing at a high yield of 3.827%, this was the highest yield for the 7Y tenor since February's 4.062%; still, the auction stopped through the When Issued 3.835% by 0.8bps, which was the first stop through since January, driven by the c
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