US sells 17-wk bills at high rate 3.595%, B/C 3.15x

The recent auction of 17-week Treasury bills at a high rate of 3.595% with a bid-to-cover ratio of 3.15 indicates robust demand in the fixed income space.

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US sells 17-wk bills at high rate 3.595%, B/C 3.15x

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European Closes: Euro Stoxx 50 +1.34% at 6,103, Dax 40 +1.16% at 25,287, FTSE 100 +1.23% at 10,686, CAC 40 +0.81% at 8,429, FTSE MIB +1.30% at 46,361, IBEX 35 +1.35% at 18,198, PSI +0.76% at 9,143, SMI +0.30% at 13,805, AEX +1.48% at 1,011

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Context

This strong performance suggests that investors are still seeking safe-haven assets amid uncertainty, potentially signaling a stable appetite for shorter-duration debt despite recent macroeconomic shifts. Watch for any implications this may have on interest rate expectations and overall market sentiment.

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