WASHINGTON -- The Treasury sold $26.89 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 3.11%, up from 3.08% in the previous auction on Oct. 25 and the highest since the 3.14% average incurred on June 7. The six-months incurred a 3.25% rate, up from 3.19% and the highest since the 3.25% average incurred on Aug. 2.

Coupon equivalents were 3.18% for the three-months and 3.35% for the six-months.

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