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Washington, February 20 – Agencies.
The US Treasury Department sold $ 179 billion worth of bonds yesterday as it sought to re-create its liquidity, while the yield on three-month Treasury bills rose to its highest level since 2008.
The ministry sold 3-month bonds worth $ 51 billion with a yield of 1.64 percent, up 6 basis points from the yield on the previous offering on February 12.
The ministry also sold six-month bonds worth $ 45 billion with a yield of 1.82 percent and sold 4-week bonds worth $ 55 billion and a yield of 1.38 percent.
The bond issue fell to its lowest level since 2008. At the same time, the ministry sold two-year bonds worth $ 28 billion at the start of a week of long-term bonds, with demand below average.
