Stay updated with breaking news from Seven Year Notes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A day after reporting below average demand for this month's two-year and five-year note auctions, the Treasury Department on Tuesday revealed this month's auction of $39 billion worth of seven-year notes also attracted below average demand.
The Treasury Department finished off this week's series of announcement of the result of its long-term securities auctions on Thursday, revealing this month's sale of $35 billion worth of seven-year notes attracted below average demand.
Stephen Guilfoyle in his Market Recon column observes that Jerome Powell is a man on a mission, suggests that there are no easy recessions, notes real rotation in equities, says there may be retail capitulation, sees big US banks passing the latest stress test and checks out Dollar General (DG)....XLU
What the Red Hot CPI Means for Investors and the Fed