US sells 6-week bills at high rate 3.635%; B/C 2.82x
Newsquawk Staff ·
US sells 6-week bills at high rate 3.635%; B/C 2.82x.
What it means
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. 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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