A good seven-year note auction wraps up the Treasuries coupon sales for this week. Only one more month in the fiscal year and so far, the market has absorbed trillions of issuance with nary a hiccup. The Fed has helped matters, but buying $300 bln of $10 trln in new issuance is a relative drop in the bucket.

EUR/USD is consolidating losses at 1.4685 and GBP/USD at 1.6065.