|
WASHINGTON (AP) - Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in two weeks.
The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 4.600 percent, up from 2.850 percent last week. Another $19 billion in six-month bills was auctioned at a discount rate of 4.590 percent, up from 3.950 percent last week.
The three-month rate was the highest since these bills averaged 4.630 percent on Aug. 13. The six-month rate was the highest since 4.710 percent, also two weeks ago on Aug. 13.
|