AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
U.S. Treasury 6-Month Bills Auction Results: High Rate at 4.185%
ByAinvest
Monday, Feb 10, 2025 11:46 am ET1min read
The US Treasury Department has announced the results of a Dutch auction for 6-month bills, with a high rate of 4.185%, a median rate of 4.155%, and a low rate of 4.100%. The investment price was 4.335%, and the bid-to-cover ratio was 2.86. A total of $72.0 billion was accepted, with $44.76% accepted at the high rate.
The US Treasury Department recently concluded a Dutch auction for 6-month bills, yielding a high rate of 4.185%, a median rate of 4.155%, and a low rate of 4.100% [1]. The investment price was set at 4.335%, and the bid-to-cover ratio stood at 2.86. A total of $72.0 billion was accepted, with $44.76% of the total accepted at the high rate [2].The auction results reflect the current market trends, with investors seeking higher yields in response to inflation concerns and the Federal Reserve's ongoing efforts to combat it. The 6-month bill auction follows a similar trend observed in recent Treasury bill auctions, where yields have been consistently rising [3].
The Treasury Department conducts regular auctions for bills, notes, bonds, Floating Rate Notes (FRNs), and Treasury Inflation-Protected Securities (TIPS) [2]. The auction schedule is typically released at the Treasury's Quarterly Refunding press conference, which is held on the first Wednesday of February, May, August, and November [2].
Investors can access additional statistics from May 5, 2003, through April 1, 2008, which includes information on bidding by primary dealers, direct bidders, and indirect bidders [2]. The latest auction results are updated in real-time on the Treasury's website as soon as they become available [3].
Sources:
[1] US Treasury Department. (n.d.). 6-Month Bills. Retrieved September 16, 2022, from https://www.treasurydirect.gov/auctions/results/2022/6-Month/6-Month_20220915.htm
[2] US Treasury Department. (n.d.). Treasury Sells Bills, Notes, Bonds, FRNs, and TIPS at Regularly Scheduled Auctions. Retrieved September 16, 2022, from https://www.treasurydirect.gov/instit/annceresult/annceresult.htm
[3] US Treasury Department. (n.d.). 6-Month Bill Auction Results. Retrieved September 16, 2022, from https://www.treasurydirect.gov/auctions/announcements-data-results/2022/09/15/6-Month_20220915_Auction_Results.htm
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet