Core Viewpoint - The U.S. Treasury Department auctioned three-month Treasury bills with a winning yield of 4.235% and a bid-to-cover ratio of 3.21 [1] Summary by Categories Auction Details - The three-month Treasury bills were auctioned with a winning yield of 4.235% [1] - The bid-to-cover ratio for the auction was recorded at 3.21, indicating strong demand for the securities [1]

Group 1 - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.235%, an increase from 4.195% on June 23 [1] - The bid-to-cover ratio for the three-month bills was 3.04, down from the previous 3.49 [1] - The auction of six-month Treasury bills had a winning yield of 4.110%, slightly down from 4.120% previously [1] Group 2 - The bid-to-cover ratio for the six-month bills was 2.77, an increase from the previous 2.70 [1]

Summary of Key Points Core Viewpoint - The U.S. Treasury conducted auctions for three-month and six-month Treasury bills, with notable changes in bid rates and bid-to-cover ratios, indicating investor demand and market conditions [1]. Group 1: Three-Month Treasury Bill Auction - The awarded yield for the three-month Treasury bill was 4.195%, a decrease from 4.240% on June 16 [1]. - The bid-to-cover ratio for the three-month bill was 3.49, an increase from the previous ratio of 2.99, suggesting stronger investor interest [1]. Group 2: Six-Month Treasury Bill Auction - The awarded yield for the six-month Treasury bill was 4.120%, down from 4.155% on June 16 [1]. - The bid-to-cover ratio for the six-month bill was 2.70, slightly lower than the previous ratio of 2.73, indicating stable but slightly reduced demand [1].

Group 1 - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.240%, slightly down from 4.250% on June 9 [1] - The bid-to-cover ratio for the three-month bills was 2.99, an increase from the previous ratio of 2.69 [1] - The auction for six-month Treasury bills had a winning yield of 4.155%, marginally up from 4.150% on June 9 [1] Group 2 - The bid-to-cover ratio for the six-month bills was 2.73, showing a slight decrease from the previous ratio of 2.74 [1]

Group 1 - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.250%, unchanged from June 2 [1] - The bid-to-cover ratio for the three-month bills was 2.69, slightly up from the previous auction's ratio of 2.68 [1] - The auction of six-month Treasury bills had a winning yield of 4.150%, also unchanged from June 2 [1] Group 2 - The bid-to-cover ratio for the six-month bills was 2.74, down from the previous auction's ratio of 3.13 [1]

Group 1 - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.255%, down from 4.285% on May 19 [1] - The bid-to-cover ratio for the three-month bills was 3.18, an increase from the previous ratio of 2.76 [1] - The auction of six-month Treasury bills had a winning yield of 4.160%, slightly up from 4.140% on May 19 [1] Group 2 - The bid-to-cover ratio for the six-month bills was 2.95, compared to the previous ratio of 2.59 [1]

Group 1 - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.285%, an increase from 4.3% on May 12 [1] - The bid-to-cover ratio for the three-month bills was 2.76, up from 2.51 in the previous auction [1] - The six-month Treasury bills had a winning yield of 4.140%, compared to 4.105% on May 12 [1] Group 2 - The bid-to-cover ratio for the six-month bills was 2.59, down from 3.26 in the previous auction [1]

Core Points - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.3%, up from 4.220% on May 5 [1] - The bid-to-cover ratio for the three-month bills was 2.51, lower than the previous auction's ratio of 2.74 [1] - The six-month Treasury bills were auctioned with a winning yield of 4.105%, slightly higher than the 4.090% on May 5 [1] - The bid-to-cover ratio for the six-month bills was 3.26, down from the previous ratio of 3.52 [1]

Group 1 - The core viewpoint is that all treasury yield curves seem to be declining, making it difficult to determine whether this is driven by the debt ceiling or recent tariff news [1] - The strategist believes that the price of three-month treasury bonds is cheaper compared to surrounding bonds, suggesting that incorporating the debt ceiling into pricing is reasonable due to updated guidance from the Treasury for August maturities [1]

Group 1 - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.220%, an increase from 4.200% on April 28 [1] - The bid-to-cover ratio for the three-month Treasury bills was 2.74, down from 3.10 in the previous auction [1] - The auction of six-month Treasury bills had a winning yield of 4.090%, up from 4.065% on April 28 [1] Group 2 - The bid-to-cover ratio for the six-month Treasury bills was 3.52, an increase from 2.80 in the previous auction [1]