U.S. 1-year bills high rate 4.400%
TLT•The U.S. Treasury’s auction of 1-year bills produced a high rate of 4.400% and a bid-to-cover ratio of 3.07. The Treasury accepted $54.0 billion in bids.
1. Auction results
The U.S. Treasury said its auction of 1-year bills produced a high rate of 4.400%, a median rate of 4.385% and a low rate of 4.250%. The price was 95.551111, and 70.21% of accepted bids were at the high rate.
2. Bids and bill dates
Total bids tendered were $166.0 billion, with $54.0 billion accepted. The bills were issued on Oct. 1, 2026, and mature on Sept. 30, 2027.
