WASHINGTON -- The Treasury sold $28.04 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 3.14%, up from 3.1 1 % in the previous auction on Nov. 15 and the highest since the 3.14% average incurred on June 7. The six-months incurred a 3.30% rate, up from 3.26% and the highest since the 3.30% average, also incurred on June 7.

Coupon equivalents were 3.2 1 % for the three-months and 3.40% 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.