TREE NEWS update: The US Treasury auctioned four-week bills at a high yield of 3.820% with a bid-to-cover ratio of 3.02. It also auctioned eight-week bills at a high yield of 3.920% with a bid-to-cover ratio of 2.94. The auctions were held as part of the Treasury’s regular short-term debt issuance schedule.
US Treasury Auctions 4-Week and 8-Week Bills
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