U.S. 6-week bills high rate 3.970%
TLT•The U.S. Treasury’s 6-week bill auction had a high rate of 3.970% and a bid-to-cover ratio of 2.82.
1. Auction results
The Treasury accepted $85.0 billion in bids for 6-week bills. The bills had a median rate of 3.930%, a low rate of 3.850% and a price of 99.536833.
