FX/Bonds

US sells 3-mnth bills at high-rate 3.800%, B/C 2.61x; sells 6-mnth bills at high-rate 3.890%, B/C 2.88x

StockNow breaking-news AI analysis

US Treasury bill auctions coincided with rising borrowing costs and national debt over $40 trillion, alongside heightened expectations of Federal Reserve rate increases following strong August labor data.

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