Mumbai, Sept. 26 -- The US Treasury Department on Thursday revealed this month's sale of $44 billion worth of seven-year notes saw below average demand. The auction drew a high yield of 3.95% and a bid-to-cover ratio of 2.40. Last month, the Treasury had sold $44 billion worth of seven-year notes, drawing a high yield of 3.92% and a bid-to-cover ratio of 2.49.

Published by HT Digital Content Services with permission from Capital Market....