Oppenheimer Limited-Term Government Fund
Is the US Economy Ready for Another Rate Hike?
With the US economy gearing itself up for the another rate hike, investors are investing in short-term Treasury securities whose price will fall less in value when interest rates rise.
What Just Happened to 26-week Treasury Bills?
At the Treasury Department’s weekly auction of 26-week Treasury bills on March 28, T-bills worth $26 billion were on offer—$2 billion less than last week.
How Have Treasuries Fared since the Fed’s March Policy Statement?
The yield on the benchmark ten-year Treasury note stood at 1.97% on March 15, a day before the March policy statement. The next day, it fell just 3 basis points.
A Look at Treasury Yields as February 2016 Ends
Last year, US Treasury yields lost much of their curve, as the pace of decline in long-term yields was much faster than those of short-term yields.
How Was Market Demand for the 13-Week Treasury Bill Auction?
The U.S. Department of the Treasury conducted the weekly auction of 13-week Treasury bills on February 16, 2016. The total issuance was worth $37 billion.
YTD High Yield for the Two-Year Treasury Note Auction
Demand for the two-year Treasury note was higher in September’s auction. The bid-to-cover ratio rose by 3.5% month-over-month to 3.27x in September’s auction.
Indirect Bidders Gung-Ho for 13-week Treasury Bills on August 31
The US Treasury auctioned 13-week Treasury bills worth $24 billion on August 31. The percentage of indirect bids leaped to 31.2% of the accepted bids.