Treasury 4-Weeks Auctioned at 0.035% High Yield

Byline: Gary Siegel The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.035% high yield, a price of 99.997278. The coupon equivalent was 0.035%. The bid-to-cover ratio was 4.58. Tenders at the high rate were allotted 83.64%. The median rate was 0.030%. The low rate was ... (Publication: The Bond Buyer)