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US sells 6-week bills at high rate 3.560%, B/C 2.89x

The successful auction of 6-week bills at a high rate of 3.560% indicates solid demand, reflected in the bid-to-cover ratio of 2.89x, suggesting strong investor appetite for short-term securities.

Newsquawk StaffNewswiresPublished On the live feed at — 1 more headline followed before this page went public
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US sells 6-week bills at high rate 3.560%, B/C 2.89x

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European Closes: Euro Stoxx 50 +0.17% at 5,934, Dax 40 +0.11% at 24,897, FTSE 100 +1.18% at 10,123, CAC 40 +0.32% at 8,237, FTSE MIB -0.20% at 45,753, IBEX 35 +0.19% at 17,647, PSI +0.53% at 8,514, SMI +0.71% at 13,341, AEX +0.66% at 992.

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This outcome may point to a preference for safety amid uncertainty, and could influence the broader rates landscape as traders reassess their duration positioning and risk sentiment in light of these changing dynamics.

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