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Treasuries prices rose off the...........>

US TSYS/7Y
US TSYS/7Y: Treasuries prices rose off the afternoon lows after post-auction
relief buying followed a strong $28B 7Y auction, which stopped through to a
1.941% rate and drew strong 68.8% indirects (vs. July 67.74%, June 65.43%) and
very strong 16.6% directs (vs July 11.64%, June 9.41%), leaving only a small
14.61% for dealers to mop up (vs. July 20.62%, June 25.2%.)

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