Treasury bill rates drop on hints of possible fiscal agreement
(Reuters) – Interest rates on U.S. Treasury bills fell on Tuesday on reduced jitters over a possible U.S. default as there were hints of a possible fiscal agreement that would reopen the government after it was partially shut for the first time in 17 years.
Treasury rates on T-bill issues due in October to November fell to their lowest level in a week, although they remained at elevated levels compared with three weeks ago.
