WASHINGTON -- The Treasury sold $23.22 billion of 91-day and 182-day bills at higher rates yesterday, as the three-months incurred an averaged rate of 2.94%, up from 2.88% in the previous auction on Oct. 13 and the highest since the average of 3.10% on Aug. 31, 1992. The six-months incurred a 3.10% rate, up from 2.95% and the highest since the average of 3.26% on Aug. 31, 1992.

Coupon equivalents were 3.00% for the three-months and 3.19% for the six-months.

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