U.S. 3-month bills high rate 4.040%
TLT•The U.S. Treasury’s 3-month bill auction had a high rate of 4.040% and a bid-to-cover ratio of 2.88. It accepted $95.0 billion in bids.
1. Auction results
The U.S. Treasury’s Dutch auction of 3-month bills produced a high rate of 4.040%, a median rate of 4.010% and a low rate of 3.935%. The Treasury accepted $95.0 billion of bids; total public bids tendered were $273.6 billion.
