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Rates at weekly US Treasury auction rise

KDWN

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels since October.

The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 0.095 percent, up from 0.040 percent last week. Another $42 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.060 percent last week.

The three-month rate was the highest since three-month bills averaged 0.130 percent on Oct. 15. The six-month rate was the highest since these bills averaged 0.150 percent, also on Oct. 15.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,997.60 while a six-month bill sold for $9,994.44. That would equal an annualized rate of 0.096 percent for the three-month bills and 0.112 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable rate mortgages, edged up to 0.12 percent last week from 0.11 percent the previous week.

Rates at weekly US Treasury auction rise

KDWN

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels since October.

The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 0.095 percent, up from 0.040 percent last week. Another $42 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.060 percent last week.

The three-month rate was the highest since three-month bills averaged 0.130 percent on Oct. 15. The six-month rate was the highest since these bills averaged 0.150 percent, also on Oct. 15.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,997.60 while a six-month bill sold for $9,994.44. That would equal an annualized rate of 0.096 percent for the three-month bills and 0.112 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable rate mortgages, edged up to 0.12 percent last week from 0.11 percent the previous week.

Rates at weekly US Treasury auction rise

KDWN

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels since October.

The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 0.095 percent, up from 0.040 percent last week. Another $42 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.060 percent last week.

The three-month rate was the highest since three-month bills averaged 0.130 percent on Oct. 15. The six-month rate was the highest since these bills averaged 0.150 percent, also on Oct. 15.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,997.60 while a six-month bill sold for $9,994.44. That would equal an annualized rate of 0.096 percent for the three-month bills and 0.112 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable rate mortgages, edged up to 0.12 percent last week from 0.11 percent the previous week.

Rates at weekly US Treasury auction rise

KDWN

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels since October.

The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 0.095 percent, up from 0.040 percent last week. Another $42 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.060 percent last week.

The three-month rate was the highest since three-month bills averaged 0.130 percent on Oct. 15. The six-month rate was the highest since these bills averaged 0.150 percent, also on Oct. 15.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,997.60 while a six-month bill sold for $9,994.44. That would equal an annualized rate of 0.096 percent for the three-month bills and 0.112 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable rate mortgages, edged up to 0.12 percent last week from 0.11 percent the previous week.

Rates at weekly US Treasury auction rise

KDWN

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels since October.

The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 0.095 percent, up from 0.040 percent last week. Another $42 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.060 percent last week.

The three-month rate was the highest since three-month bills averaged 0.130 percent on Oct. 15. The six-month rate was the highest since these bills averaged 0.150 percent, also on Oct. 15.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,997.60 while a six-month bill sold for $9,994.44. That would equal an annualized rate of 0.096 percent for the three-month bills and 0.112 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable rate mortgages, edged up to 0.12 percent last week from 0.11 percent the previous week.

Rates at weekly US Treasury auction rise

KDWN

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels since October.

The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 0.095 percent, up from 0.040 percent last week. Another $42 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.060 percent last week.

The three-month rate was the highest since three-month bills averaged 0.130 percent on Oct. 15. The six-month rate was the highest since these bills averaged 0.150 percent, also on Oct. 15.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,997.60 while a six-month bill sold for $9,994.44. That would equal an annualized rate of 0.096 percent for the three-month bills and 0.112 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable rate mortgages, edged up to 0.12 percent last week from 0.11 percent the previous week.