Boring is possible if you have a tiny boring tool but for 7mm that's not so easy. How would one "nip up" the bearings? They are made from a solid extrusion and IIRC there is no split in them or provision for nipping up.
I suggest that you just drill the bearings. Get a couple of good drills say 6.9 and 6.8mm. Carefully stone a tiny rounding on the outside corners of the cutting edge to make a "Dagenham reamer" – this reduces the tendency to cut over size. Try on a bit of scrap brass first, with luck you'll find that the 6.9mm one will give you the size you want. Slow feed.
Or you could make yourself a D bit by turning turning down say 8mm silver steel to the size of your shaft.