Rates on US Treasury Bills Rise to Highest Point This Year

July 27, 2015 9:03 PM

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Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels this year.

The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.050 percent, up from 0.030 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.145 percent, up from 0.135 percent last week.

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