Treasury 4-Weeks Go At 1.540% High Yield

The Treasury Department yesterday auctioned $26 billion of four-week bills at a 1.540% high yield, a price of 99.880222.

The coupon equivalent was 1.563%. The bid-to-cover ratio was 2.96. Tenders at the high rate were allotted 11.70%. The median yield was 1.490%. The low yield was 1.350%.

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