Treasury 4-Weeks Auctioned at 1.300% High Yield on Sept. 5

Byline: Gary Siegel The Treasury Department Tuesday auctioned $20 billion of four-week bills at a 1.300% high yield, a price of 99.898889. The coupon equivalent was 1.319%. The bid-to-cover ratio was 3.04. Tenders at the high rate were allotted 4.58%. The median rate was 0.930%. The low rate was ... (Publication: The Bond Buyer)