WASHINGTON (AP) -- Interest rates on short-term Treasury bills rose in Monday's auction with rates on three-month bills climbing to the highest level in three weeks. The Treasury Department auctioned ...
U.S. Treasury yields climbed as renewed trade tensions and fiscal concerns rattled bond markets, pushing borrowing costs ...
The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.
One- and two-month Treasury bills were rallying Tuesday morning as fed-funds futures traders lifted their expectations for quarter-point rate cuts from the Federal Reserve in December and January.
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Why Continued Decline in Interest Rates is Worrying
In the past nine months, there has been a progressive decline in the yield on treasury bills and treasury bonds. The Central Bank of Kenya, CBK, has also slashed the central bank rate (CBR). Most ...
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