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U.S. Treasury 1-year bill Dutch auction clears at 3.980% high

U.S. Treasury’s Dutch bidding auction of 1-year bills produced a high rate of 3.980%, with median 3.965% and low 3.700%. Price/acceptances: 95.975778 at the high.

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WASHINGTON, Sept 1 (Reuters) - The U.S.

Treasury Department said its Dutch bidding auction of 1-year bills brought these results:1-YEAR BILLSRATESHigh 3.980% Median 3.965% Low 3.700% Investment 4.161%PRICE/ACCEPTANCESPrice 95.975778 Accepted at high 3…