The bid yield for the issuance of 7-year Treasury bonds in the United States is reported at 3.93%.
The US Department of the Treasury issued $44 billion in 7-year Treasury bonds, with a bid yield of 3.93%. The average bid yield for the previous six issues was 3.927%. The bid-to-cover ratio was 2.51 times, with an average of 2.52 times for the previous six issues. Indirect bidders were awarded 59% of the allocation, compared to an average of 64.8% for the previous six issues. Direct bidders were awarded 31.6% of the allocation, compared to an average of 24.6% for the previous six issues.
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