US sells 17-week bills at a high rate of 3.610%, B/C 3.02x

The recent auction of 17-week bills at a high rate of 3.610% with a bid-to-cover ratio of 3.02x indicates strong demand from investors, potentially reflecting a risk-off sentiment or a hunt for yield amid uncertainty in other asset classes.

Newsquawk StaffPublished On the live feed at 9 more headlines followed before this page went public
Newsquawk headlinesUTC

The Justice Department is preparing to solicit applications for up to USD 3.5bln in grants to pay for mostly immigration-related law enforcement programs, equipment and personnel, multiple sources familiar with the plans told CBS News.

A note shows No. 10 told UK PM Starmer to wait for clearances before appointing Mandelson, but he ignored the advice, Politico reports

US sells 17-week bills at a high rate of 3.610%, B/C 3.02x

Newsquawk Daily US Conference Calendar - 23rd April 2026: AMD, NVDA, MSI

European Closes: Euro Stoxx 50 -0.49% at 5,901, DAX -0.25% at 24,210, FTSE 100 -0.21% at 10,476, CAC 40 -0.96% at 8,156, AEX +0.22% at 1,021, IBEX 35 -0.75% at 18,006, FTSE MIB -0.25% at 47,785, SMI -0.51% at 13,068, PSI +0.54% at 9,186

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

The high bid-to-cover suggests participants are confident in holding shorter-duration assets, which may impact yields and liquidity dynamics as the market adjusts to this demand. Watch for implications on longer-duration bonds and overall risk sentiment as this could signify a shift in investor preference.

Related headlines

The whole workspace, free to try.

Try it free