May 26, 2016 / 5:21 PM / in a year

Direct bidders buy most U.S. 7-year notes since 2014

NEW YORK, May 26 (Reuters) - Smaller dealers and other direct bidders on Thursday bought 16.86 percent of the $28 billion of U.S. seven-year Treasury note supply offered , which was their largest share at an auction since August 2014, Treasury data showed.

This group of bidders purchased 14.22 percent at the previous seven-year note sale in April. (Reporting by Richard Leong; Editing by Bernadette Baum)

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