NEW YORK - The Treasury Department today sold $18 billion 7-day cash management bills, dated Dec. 8, due Dec. 15, at a 0.140% high tender rate.
The bid to cover ratio was 5.14.
The coupon equivalent was 0.142%. The price was 99.997278.
The low bid was 0.100%. The median bid was 0.120%. Tenders at the high were allotted 35.76%.
Tenders totaled $92,580,000,000 and the Treasury accepted $18,000,200,000, including no non-competitive.
Fitch revised the outlook to negative from stable, citing a significant jump in leverage.
Wisconsin and Ohio lawmakers are showing signs of diverging on data centers as grassroots opposition grows in both states.
It's difficult to tell whether the markets were more affected by spiking oil prices, eroding peace talks between the United States and Iran, or Kevin Warsh's hawkish comments during his confirmation hearing to chair the Federal Reserve, said James Pruskowski, managing director at Hennion & Walsh.
The Texas city's latest projection for the onset of a Level 1 emergency comes as water woes spurred rating downgrades and negative outlooks since last fall.
The $14.6 billion budget calls for hiring police and Olympic-focused infrastructure spending after last year's spending plan proposed layoffs.
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
