Treasury 4-Weeks Auctioned at 0.060% High Yield

Byline: Gary Siegel The Treasury Department Tuesday auctioned $40 billion of four-week bills at a 0.060% high yield, a price of 99.995333. The coupon equivalent was 0.061%. The bid-to-cover ratio was 4.08. Tenders at the high rate were allotted 36.73%. The median rate was 0.050%. The low rate was ... (Publication: The Bond Buyer)