Rates on short-term T-bills hit 30-month high
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WASHINGTON -- Interest rates on short-term Treasury bills rose in yesterday's auction to the highest levels in 30 months.
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WASHINGTON -- Interest rates on short-term Treasury bills were mixed in auction yesterday, with three-month bills rising to the highest level in more than two months while six-month bills were unchanged.
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Charging people steep rates to borrow may not be so heinous.
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Interest rates on short-term Treasury securities were mixed in yesterday's auction. The Treasury Department sold $20 billion in three-month bills at a discount rate of 2.480 percent, up from 2.475 percent last week. An additional $17 billion was sold in six-month bills at a rate of 2.710, unchanged from the previous week.
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Treasuries prices leaped on Friday  after another sub-par reading on U.S. employment was seen as  lessening the risk of more aggressive rate hikes from the  Federal Reserve.
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Interest rates on short-term Treasury bills were unchanged in yesterday's auction, with three-month bills remaining at the highest level in more than six years.
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Mortgage rates inched up this week, but remained well below the year-high levels set in the spring. Freddie Mac, in its weekly survey released Thursday, reported that rates on 30-year, fixed-rate mortgages
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The average property tax bill in New Jersey topped more than $6,300 last year, a 7 percent hike over what was already the nation's highest property taxes, new state figures show.
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U.S. Treasuries were mostly higher on  Monday as investors bet longer-dated debt would outperform the  short end in an environment of rising official interest rates.
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Interest rates on short-term Treasury bills were mixed in yesterday's auction, with six-month bills falling and three-month bills rising to the highest level in more than six years.
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Interest rates on short-term Treasury securities were mixed in yesterday's auction. The Treasury Department sold $19 billion in three-month bills at a discount rate of 2.28 percent, up from 2.23 percent last week. An additional $17 billion was sold in six-month bills at a rate of 2.560 percent, unchanged from last week's auction.
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U.S. Treasury prices were higher on  Friday, cementing gains made the previous day, in the face of  growing speculation that the pace of U.S. interest rate hikes  could slow.
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Treasury debt prices climbed on Thursday as higher jobless claims, a widening trade deficit and record high oil prices gave the market a positive tilt.
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Some suppliers are already charging 35 cents a gallon higher than 2003.
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Electricity shortages and gas supply problems predicted to push bills up.
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The weekly survey from mortgage company Freddie Mac had rates on 30-year fixed-rate mortgages inching higher this week, up to an average 5.82 percent from last week&#39;s 5.81 percent.
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Interest rates on short-term Treasury securities fell in yesterday's auction. The Treasury Department sold $19 billion in three-month bills at a discount rate of 1.68 percent, down from 1.69 percent last week. An additional $17 billion was sold in six-month bills at a rate of 1.96 percent, down from 1.99 percent.