WASHINGTON -- The Treasury sold $25.71 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 3.04%, up from 2.96% in the previous auction on Oct. 4 and the highest since the 3.05% average incurred on Aug. 9. The six-months incurred a 3.12% rate, up from 3.08% and the highest since the 3.12% average incurred on Aug. 16.

Coupon equivalents were 3.10% for the three-months and 3.21% for the six-months.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.