U.S. 3-Month Bill Closes at 0.125%

The Treasury Department sold $26 bln in 13-week bills on Monday at a yield of 0.125%.

• Bid to cover 4.42 x the amount of debt being sold compared to 4.03 x average in prior year
• Indirects take down 38%
• Directs take down 14.2%
• Alloted at high 92.53%