"Tremendous" Demand For 7Y Treasurys; Second Largest Buyside On Record
September 28, 2017 at 20:46 PM EDT
Today, there was a blistering 7Y auction, in which the Treasury sold $28 billion in "curve belly" notes at a high yield of 2.13%, stopping through the When Issued by a surprisingly strong 1.1bps, the highest since April.