Treasury Seven-Year Sale Caps $258 Billion Week of Higher Yields (Git-R-Done!)

By Anthony B. Sanders

 

Both Larry the Cable Guy and Treasury Secretary Steve Mnuchin would be proud of this week’s Treasury auctions. The “Git-R-Done! Auctions

(Bloomberg) — The U.S. Treasury’s $29 billion auction of seven-year notes drew the highest yield for securities at that tenor since 2011, capping a $258 billion flood of debt sales over three days.

Continue reading Treasury Seven-Year Sale Caps $258 Billion Week of Higher Yields (Git-R-Done!)