US sells 7-year notes at 2.084% vs 2.105% WI

Results of the 7-year sale
– Lowest yield on 7s since Oct
– They were trading at 2.105% on the bid side before the sale
– Bid-to-cover 2.73 vs 2.56 prior — strongest since Nov 2012
Very strong auction. USD/JPY wobbled lower on the results and the dollar is feeling some broader (albeit minor) pressure.