The Treasury Department yesterday auctioned $25 billion of four-week bills at a 1.010% high yield, a price of 99.921444.
The coupon equivalent was 1.025%. The bid-to-cover ratio was 2.80.
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.
Have an account? Sign In