WASHINGTON -- The Treasury sold $22.06 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 4.31%, up from 4.20% in the previous auction on June 27 and the highest since the 4.32% average incurred on May 9. The six-months incurred a 4.74% rate, up from 4.60% and the highest since the 4.81% average incurred on May 9.

Coupon equivalents were 4.42% for the three-months and 4.92% 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.