The Treasury Department auctioned $28 billion of seven-year notes, with a 2% coupon and a 2.056% high yield, a price of 99.636636.
The bid-to-cover ratio was 2.46.
Tenders at the high yield were allotted 73.19%. All competitive tenders at lower yields were accepted in full.
The median yield was 2.017%. The low yield was 1.935%.
Tenders totaled $68,902,976,600 and the Treasury accepted $28,000,034,100 including $11,083,600 non-competitive.
The Fed banks bought $3,403,533,800 for their own account.
The notes are dated June 30 and are due June 30, 2024.