Short-term benchmark interest rates slightly rose as investors anticipated inflation last month moved at a much faster pace than the government’s target. At a Bureau of the Treasury auction on Monday, Oct. 4, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans,...
The Bureau of the Treasury has launched the government’s first onshore issue of dollar bonds catering to small investors who are looking for a low-risk, accessible and higher-yielding investment. At the price-setting auction on Wednesday, Sept. 15, the Bureau of Treasury raised an initial $866.2...