US sold 3-month bills at high rate 3.600%, B/C 2.81x; sold 6-month bills at high rate 3.525%, B/C 3.08x

The US Treasury's recent auction of 3-month and 6-month bills at higher rates indicates robust demand, as evidenced by bid-to-cover ratios above 2.5.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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US sold 3-month bills at high rate 3.600%, B/C 2.81x; sold 6-month bills at high rate 3.525%, B/C 3.08x

European Closes: Euro Stoxx 50 +0.99% at 6,007, Dax 40 +1.00% at 24,785, FTSE 100 +1.15% at 10,342, CAC 40 +0.67% at 8,181, FTSE MIB +1.05% at 46,005, IBEX 35 +1.25% at 18,104, PSI +0.51% at 8,706, SMI +1.80% at 13,416, AEX +0.78% at 1,010

PREVIEW: RBA Announcement due Tuesday 3rd February at 03:30GMT/22:30EST

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This strong reception may suggest increased investor appetite for short-term safe assets, possibly reflecting expectations for future rate stability or growth concerns, impacting overall rates and risk sentiment in the market.

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