-- The US Treasury's 7-year auction hit a high yield of 4.175% on Tuesday, down from the 4.255% high in the previous auction.
The bid to cover ratio for the auction was 2.51, above the 2.43 ratio in the previous auction.
Dealers represented 54.93% of the bids, with direct bidders at 14.36% and indirect bidders at 30.71%.
For takedown, dealers took 11.64%, with direct bidders at 30.01% and indirect bidders at 58.35%.