short-term-yields

rnz.co.nz

U.S. Sells $50 Billion in 52-Week Bills at 3.650% High Yield

The U.S. Treasury sold $50 billion of 52-week bills with a high yield of 3.650 percent. The bid-to-cover ratio reached 3.41 and 4.56 percent of bids were awarded at the high rate. The auction results provide a benchmark for short-term borrowing costs.