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WASHINGTON (AP) - Interest rates on short-term Treasury bills were mixed in Monday's auction with the rate on three-month bills declining while the rate on six-month bills rose.
The Treasury Department auctioned $17 billion in three-month bills at a discount rate of 2.710 percent, down from 2.735 percent last week. Another $15 billion in six-month bills was auctioned at a discount rate of 3.065 percent, up from 3.035 percent last week.
The three-month rate was the lowest since three-month bills averaged 2.615 percent on Feb. 22. The six-month rate was the highest since 3.090 percent on March 28.
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