US sells USD 6-week bills at a high rate of 3.585%, B/C 2.97x

The issuance of 6-week Treasury bills at a high rate of 3.585% and a bid-to-cover ratio of 2.97x indicates strong demand, emphasizing investor confidence in short-term U.S.

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US sells USD 6-week bills at a high rate of 3.585%, B/C 2.97x

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government debt. This solid demand might reflect expectations of firm interest rates or a flight to safety amid broader market uncertainties, potentially influencing yield curves and risk sentiment going forward.

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