U.S. 6-week bills high rate 3.980%
TLT•The U.S. Treasury’s 6-week bill auction had a high rate of 3.980% and a bid-to-cover ratio of 2.58. The Treasury accepted about $95.0 billion in bids.
1. Auction results
The U.S. Treasury’s Dutch auction of 6-week bills produced a high rate of 3.980%, a median rate of 3.945% and a bid-to-cover ratio of 2.58. Total accepted bids were $95.0 billion, against $245.5 billion in public bids tendered.
