Seven-Year U.S. Treasury Auction Yield Hits 33 Year High
By Jessica CoacciU.S. Treasury seven-year notes sold at a high yield of 5.085%--the highest since April 1993--amid a global bond sell off that continued Thursday.The Treasury Department sold nearly $44 billion in U.S. 7-year notes. The high yield compared to a market yield of 5.078%, a signal of lo…