WASHINGTON -- The Treasury sold $24.14 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 4.16%, up from 4.15% in the previous auction on June 6. The six-months incurred a 4.55% rate, up from 4.53%.

Coupon equivalents were 4.26% for the three-months and 4.72% for the six-months.

Tenders for the 91s totaled $57.32 billion, and the Treasury accepted $12.07 billion, including $1.26 billion of noncompetitive bids accepted at the average.

Tenders for the 182s totaled $50.84 billion, and the Treasury accepted $12.07 billion, including $1.1 billion of noncompetitive bids accepted at the average.

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