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Macro

US Treasury Sells 3-Month Bills at 3.8% Yield, Bid-to-Cover 2.61

The US Treasury auctioned 3-month bills at a high yield of 3.8%, with a bid-to-cover ratio of 2.61. It also sold 6-month bills at 3.890%, with a bid-to-cover of 2.88. The auctions reflect steady demand for short-term government debt.

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