US sells 6-week bills at a high rate of 3.635%, B/C 2.64x
The US Treasury's recent sale of 6-week bills at a high rate of 3.635% indicates strong demand, with a bid-to-cover ratio of 2.64x suggesting investors are willing to take on short-term debt at this yield.
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US sells 6-week bills at a high rate of 3.635%, B/C 2.64x
European Closes: Euro Stoxx 50 +0.58% at 5,993, Dax 40 -0.10% at 24,908, FTSE 100 +0.58% at 10,208, CAC 40 +0.27% at 8,153, FTSE MIB +1.09% at 45,440, IBEX 35 +0.70% at 17,804, PSI +0.90% at 8,654, SMI +0.46% at 13,206, AEX +0.29% at 1,002
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This high demand could signal a healthy appetite for safety amidst uncertainties, potentially impacting yields across the curve and influencing risk sentiment in broader markets.
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