WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday's auction with rates on six-month bills climbing to their highest level in nine years. The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 1.105 percent, up from 1.090 percent last week. Another $36 billion in six-month bills was auctioned at a discount rate of 1.245 percent, up from 1.240 percent last week. The three-month rate was the highest since those bills averaged 1.180 percent on July 24.

Topics:  washington ap     interest   the treasury department   july   oct   treasury   the   rates   auction   percent   three-month   discount   six-month   highest   billion   week   averaged   
BING NEWS:
  • UK to be slowest-growing G7 economy next year, warns OECD – as it happened
    Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
    05/2/2024 - 4:09 am | View Link
  • UK to be slowest-growing G7 economy next year, warns OECD – business live
    Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
    05/1/2024 - 9:47 pm | View Link
  • The Treasury Will Keep Bond Sales Steady, Gets Ready to Boost Liquidity
    Higher than expected issuance on any part of the curve can lead to investors demanding lower prices to buy the debt, boosting yields, which move in the opposite direction. That increases borrowing ...
    05/1/2024 - 6:23 am | View Link
  • Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August
    Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.
    04/30/2024 - 7:33 am | View Link
  • PREVIEW U.S. Treasury refunding set to offer relief from supply rises
    The U.S. Treasury Department is expected to offer markets some relief next week when it details refunding plans for the coming quarter, by keeping the size of most of its auctions steady after three ...
    04/28/2024 - 11:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News