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.

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.