Treasury Year Bills Go At 2.295% Highs

The Treasury Department yesterday auctioned $17 billion of one-year bills at a 2.295% high yield, a price of 97.679500.

The coupon equivalent was 2.368%. The bid-to-cover ratio was 2.54. Tenders at the high rate were allotted 18.54%.

The median yield was 2.265%. The low yield was 2.200%.

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