7-Year Note Auction comes in at 4.473%
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The US Treasury’s 7-Year Note Auction, released today, July 28, 2026, showed a high yield of 4.473%. This figure represents an increase from the previous auction’s yield of 4.26%. No consensus figure was available for this particular release.
Measured market reaction in the 15 minutes after the release showed varied movements across major pairs. AUDUSD moved -3.1 pips, EURUSD -2.0 pips, GBPUSD -1.3 pips, and NZDUSD -2.2 pips. USDCAD saw a +9.3 pip change, USDCHF moved +2.5 pips, and USDJPY moved +1.0 pip. Gold, XAUUSD, moved -8.2 pips. For most pairs, these initial shifts were relatively small compared to their historical median 1-hour moves after similar releases. For example, AUDUSD typically sees a median 1-hour move of 4 pips, EURUSD 7 pips, GBPUSD 6 pips, NZDUSD 4 pips, USDCHF 5 pips, USDJPY 5 pips, and XAUUSD 13 pips. USDCAD’s +9.3 pip move was larger than its median 1-hour move of 5 pips.