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Interest rates highest in decade at weekly Treasury auction

Interest rates on short-term U.S. Treasury bills rose in Monday's auction to their highest levels in a decade. The Treasury Department auctioned $48 billion in three-month bills at a discount rate of 1.945 percent, up from 1.940 percent last week. Another $42 billion in six-month bills was auctioned at a discount rate of 2.100 percent, up ...

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