|
WASHINGTON (AP) - Interest rates on short-term Treasury bills rose in Monday's auction with the rate on three-month bills reaching its highest level in three weeks.
The Treasury Department auctioned $15 billion in three-month bills at a discount rate of 4.775 percent, up from 4.730 percent last week. Another $13 billion in six-month bills was auctioned at a discount rate of 4.810 percent, up from 4.735 percent last week.
The three-month rate was the highest since three-month bills averaged 4.785 percent on April 30. The six-month rate was the highest since 4.815 percent on May 7.
|