The Treasury Department yesterday auctioned $29 billion of four-week bills at a 3.100% high yield, a price of 99.758889.

The coupon equivalent was 3.159%. The bid-to-cover ratio was 2.32.

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.