Rates rise on short-term Treasury bills
WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels since late last year.
Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable rate mortgages, stood at 0.81 percent on Friday, up slightly from 0.79 percent at the start of last week.