US sells 7-year notes at 4.194% vs 4.203% WI

• Prior was 4.457%
• Bid to cover vs 2.64 prior

This is the final Treasury auction of the week and the month. The yield is nicely below last months sale (by about a quarter point) following the broad rally in the bond market.

This article was written by Adam Button at www.forexlive.com.