US sells 7-year notes at 2.215% vs 2.235% WI bid

Results of today"s 7-year note auction

• Prior was 1.653%


• Bid to cover 2.68 vs 2.49

Strong auction. The bond bulls finally make a stand. That"s a big miss and barring a surprise from the FOMC Minutes, that might be the cue that the latest round of market moves is over.

US sells 7-year notes at 2.215% vs 2.235% WI bid
US sells 7-year notes at 2.215% vs 2.235% WI bid
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