Interest rates fall at weekly auction to lowest in 2 weeks

Interest rates on short-term Treasury bills slipped in Monday's auction to their lowest levels in two weeks. The Treasury Department auctioned $39 billion in three-month bills at a discount rate of 0.760 percent, down from 0.780 percent last week. Another $33 billion in six-month bills was auctioned at a discount rate of 0.890 percent, down from 0.910 percent last week. The three-month rate was the lowest since those bills averaged 0.745 percent two weeks ago on March 6. The six-month rate ...