US sells $65 bln 17-week bills at high rate of 4.105%

The U.S. Treasury's auction on Wednesday of $65 billion in 17-week or 119-day bills yielded a high rate of 4.105%, awarding 83.04% of bids at that rate, according to Treasury data.

The bill auction saw a bid-to-cover ratio, a measure of demand, of 3.31.