Seven-Year Treasury Yield Reaches 4.894% Ahead of $44 Billion Auction
Photo: TokenPost
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.
Source: TokenPost
