WASHINGTON - The Treasury sold $24.1 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 3.14%, up from 3.08% in the previous auction on June 1 and the highest since the 3.15% average incurred on Jan. 4. The six-months incurred a 3.30% rate, up from 3.22% and the highest since the 3.38% average incurred on Dec. 28, 1992.

Coupon equivalents were 3.21% 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.