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Thursday, May 30, 2013

Treasury sells $29 bln in 7-year debt at 1.496%

  1. Bidders offer $2.70 for each $1 in 7-yr debt sold
  2. Treasury sells $29 bln in 7-year debt at 1.496%
    Indirect bidders buy 40.8% of 7-year note auction

    Fail....see how the market reacts  once this sets in...

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