The Treasury Department yesterday auctioned $24 billion of four-week bills at a 1.500% high yield, a price of 99.883333.

The coupon equivalent was 1.523%. The bid-to-cover ratio was 2.82. Tenders at the high were allotted 23.30%. The median yield was 1.280%. The low yield was 1.150%.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.