T&bill rates rise as bets of big Fed cut fade

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at higher rates due to dampened expectations of a larger cuts by the US Federal Reserve following strong jobs data out of the world’s largest economy. The Bureau of the Treasury (BTr) raised P20 billion as planned from the T-bills […]

T&bill rates rise as bets of big Fed cut fade
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at higher rates due to dampened expectations of a larger cuts by the US Federal Reserve following strong jobs data out of the world’s largest economy. The Bureau of the Treasury (BTr) raised P20 billion as planned from the T-bills […]