US sold 4-week bills at a high rate of 3.610%, B/C 2.59x; sold 8-week bills at high rate of 3.595%, B/C 2.91x

The sale of 4-week and 8-week bills at high rates indicates strong demand reflected in the bid-to-cover ratios, which are significantly above typical levels.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Tehran has laid out a set of new rules for vessels seeking to transit the Strait of Hormuz, via CNN Citing document (in fitting with reports in recent days, adds more details)

US House Committee on China Chairman Moolenaar says Republicans to offer a bill that would prevent China from purchasing US farmland

US sold 4-week bills at a high rate of 3.610%, B/C 2.59x; sold 8-week bills at high rate of 3.595%, B/C 2.91x

A senior Iranian official said Iran wouldn't allow the US to reopen the Strait of Hormuz with "an unrealistic plan" and then exit the war without paying any reparations "for all the damage inflicted on Iran," according to WSJ citing Press TV

European Closes: Euro Stoxx 50 -0.99% at 5,967, Dax 40 -0.99% at 24,672, FTSE 100 -1.55% at 10,277, CAC 40 -1.17% at 8,202, FTSE MIB -0.82% at 49,291, IBEX 35 -0.29% at 18,052, PSI -1.43% at 9,134, SMI -1.11% at 13,135, AEX -1.17% at 1,019

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This suggests that investors are eager for short-term Treasury exposure, likely in response to current rate expectations and economic uncertainty. Prices in the broader fixed income market may adjust if this trend signals an appetite for duration or affects perceptions of risk.

Related headlines

The whole workspace, free to try.

Try it free