US sells 4-week bills at a high rate of 3.630%, B/C 2.86x; sells 8-week bills at a high rate of 3.630%, B/C 2.84x

The recent auction of US 4-week and 8-week bills at a high rate of 3.630% indicates strong demand, as evidenced by the bid-to-cover ratios of 2.86x and 2.84x, respectively.

Newsquawk StaffPublished On the live feed at 2 more headlines followed before this page went public
Newsquawk headlinesUTC

Atlanta Fed GDPnow (Q4): 5.4% (prev. 5.4%)

National Advertising Review Board concluded T-Mobile US (TMUS) failed to comply with recommendations for cost savings claim for its cellular service plans

US sells 4-week bills at a high rate of 3.630%, B/C 2.86x; sells 8-week bills at a high rate of 3.630%, B/C 2.84x

European Closes: Euro Stoxx 50 +1.22% at 5,955, Dax 40 +1.28% at 24,876, FTSE 100 +0.12% at 10,150, CAC 40 +0.99% at 8,149, FTSE MIB +1.36% at 45,091, IBEX 35 +1.28% at 17,663, PSI +1.70% at 8,604, SMI +0.67% at 13,245, AEX +0.63% at 1,000

President Trump and NATO Secretary General Rutte reached a verbal understanding on Greenland, but no formal document has been produced, CNN reports citing sources

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

This suggests continued investor appetite for short-term government securities, potentially reflecting concerns about liquidity or a preference for safer assets amid current market uncertainties. Expect this demand to influence short-end yields and could signal a sentiment shift in the fixed income space.

Related headlines

The whole workspace, free to try.

Try it free