Getting your player ready...
WASHINGTON — Interest rates on short-term Treasury bills rose in Monday’s auction, with the rate on three-month bills hitting its highest level in 16 months.
The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.180 percent, up from 0.130 percent last week. Another $28 billion in six-month bills was auctioned at a discount rate of 0.225 percent, up from 0.185 percent last week.
