US sells 3-month bills at high rate 3.590, B/C 3.30x; sells USD 6-month bills at 3.525%, B/X 3.03x

The sale of 3-month and 6-month US Treasury bills at higher rates than recent auctions indicates a strong demand for short-term government debt, as evidenced by the bid-to-cover ratios exceeding 3.00x.

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US sells 3-month bills at high rate 3.590, B/C 3.30x; sells USD 6-month bills at 3.525%, B/X 3.03x

European Closes: Euro Stoxx 50 -0.24% at 6,117, Dax 40 -1.09% at 24,987, FTSE 100 -0.02% at 10,685, CAC 40 -0.22% at 8,497, FTSE MIB +0.49% at 46,699, IBEX 35 +0.57% at 18,290, PSI +1.71% at 9,246, SMI +0.21% at 13,866, AEX -0.12% at 1,016

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This could reflect a firm investor appetite amidst uncertainties and suggest a rising expectation of future rate hikes, potentially influencing the bond market and reinforcing a stronger USD in the forex markets.

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