: 2-month T-bill rate jumps to almost 4.8%, reversing part of Thursday’s decline, in volatile trading
The 2-month T-bill rate was undergoing volatile trading once again on Friday, rising by almost a quarter of a percentage point to 4.783% as of 9 a.m. Eastern time, according to Tradeweb. That’s up 24.4 basis points from Thursday’s close of 4.539%, and takes back more than half of the 43.4-basis-point decline seen in the prior session. Debt-ceiling issues are the main reason for the big swings in the 2-month bill, with sellers returning on Friday. A meeting scheduled between President Joe Biden... Читать дальше...

