Rates fall at weekly US Treasury bill auction

WASHINGTON (AP) — Interest rates on short-term Treasury bills fell in Monday’s auction to their lowest levels in three weeks.
The Treasury Department auctioned $31 billion in three-month bills at a discount rate of 0.285 percent, down from 0.340 percent last week. Another $26 billion in six-month bills was auctioned at a discount rate of 0.430 percent, down from 0.475 percent last week.
The three-month rate was the lowest since those bills averaged 0.275 percent on May 16. The six-mo