November 25, 2009 at 18:11 PM EST
Sale Of Seven-Year Notes Draws Buyers, Lifting Other Maturities Ahead Of Holiday
Treasuries rose Wednesday as strong demand for an auction of seven-year notes outweighed positive economic data that initially sent investors fleeing government debt. The results of Wednesday's $32 billion auction, which capped a week of new issuance totaling $118 billion, indicated vigorous bidding from both indirect and direct bidders. Auctions of two- and five-year notes earlier in the week also brought strong results. "We had the market trying
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