TODAY IS A LOW VOLUME AFFAIR: There will be
few traders around today, although it could become quite
volatile around 1pm EST when the US Treasury releases
its results of the 7-year note auction. However, the data on
this auction is rather limited; there have only been nine
auctions in recent history as sales of the 7-y note were
halted in April 1993 and then restarted them in February
2009. Here are a few thoughts:.