US sells 6-month bills at high rate 3.490%, B/C 3.17x

The recent auction of 6-month US Treasury bills at a yield of 3.490% reflects strong demand, evidenced by a bid-to-cover ratio of 3.17x, which is a healthy indicator of market interest.

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US sells 6-month bills at high rate 3.490%, B/C 3.17x

US sells USD 58bln of 3-year notes; stops through 0.1bps

European Closes: Euro Stoxx 50 +0.32% at 6,017, Dax 40 +0.54% at 25,398, FTSE 100 +0.16% at 10,141, CAC 40 -0.04% at 8,359, FTSE MIB +0.03% at 45,732, IBEX 35 +0.14% at 17,674, PSI -0.31% at 8,494, SMI +0.02% at 13,425, AEX +0.54% at 994.

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This high yield could signal investor concerns about inflation or rate trajectory, potentially impacting broader fixed income markets and influencing perceptions of short-term risk appetite.

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