US 7-year note auction: high yield 3.930% (stop-through of 0.3 bps), bid-to-cover 2.51, sells 44 bln, awards 30.73% of bids at high, primary dealers take 9.3%, direct 31.6%, indirect 59.0%

Wednesday, Dec 24, 2025 11:34 am ET1min read

US 7-year note auction: high yield 3.930% (stop-through of 0.3 bps), bid-to-cover 2.51, sells 44 bln, awards 30.73% of bids at high, primary dealers take 9.3%, direct 31.6%, indirect 59.0%

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