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Market Impact: 0.25
Seven-Year Note Auction Attracts Below Average
Source: Nasdaq
Credit & Bond MarketsInterest Rates & YieldsSovereign Debt & Ratings
The U.S. Treasury sold $44 billion of seven-year notes, with the auction drawing below-average demand. The weak reception may signal softer investor appetite for intermediate-duration government debt and could put modest upward pressure on Treasury yields.
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