The Associate Press article describes how the interest rates on short term Treasury bills jumped to the highest level in several weeks during the Monday auction. The article highlights that:
The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.095 percent, up from 0.050 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.270 percent, up from 0.200 percent last week.
About me: Sean McClure is a former Senior Advisor at the White House. Sean is currently the Suspension and Debarment Advisor to the Department of the Treasury and with over 15 years of experience working at the White House, Department of the Treasury, USAID, and Department of State. He has traveled extensively to 35 countries in Africa, Asia, Latin America and Europe.
