Treasury 4-Week Bills Go At 3.080% High Yield

The Treasury Department yesterday auctioned $9 billion of four-week bills at a 3.080% high yield, a price of 99.760444.

The coupon equivalent was 3.139%. The bid-to-cover ratio was 3.93. Tenders at the high rate were allotted 13.85%. The median yield was 3.050%. The low yield was 3.000%.

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