WASHINGTON The Treasury sold $24.88 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 4.92%, up from 4.79% in the previous auction on Sept. 26 and the highest since the 4.99% average incurred on Oct. 28, 1991. The six-months incurred a 5.38% rate, up from 5/22% in the previous auction and the highest since the 5.39% incurred on Sept. 3, 1991.

Coupon equivalents were 5.05% for the three-months and 5.61% for the six-months.

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