US sells 6-week bills at high rate 3.635%; B/C 2.82x

The US Treasury's sale of 6-week bills at a rate of 3.635% with a bid-to-cover ratio of 2.82 suggests strong demand among investors for short-term securities.

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Auction History: US to sell USD 69bln of 2-year notes at 18:00GMT/13:00EST

US sells 6-week bills at high rate 3.635%; B/C 2.82x

European Closes: Euro Stoxx 50 +0.10% at 6,121, Dax 40 +0.12% at 25,022, FTSE 100 -0.04% at 10,681, CAC 40 +0.26% at 8,519, FTSE MIB -0.10% at 46,652, IBEX 35 -0.54% at 18,190, PSI +0.25% at 9,269, SMI +1.08% at 13,994, AEX +0.34% at 1,020

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This indicates an appetite for safety amid market uncertainty and may signal shifts in investor sentiment regarding rate expectations and risk appetite going forward.

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