NEW YORK Feb 10 The U.S. government on Monday
sold record amounts of three-month and six-month debt at the
highest interest rates on these maturities since October,
prompted by worries it will be unable to increase its $16.7
trillion borrowing limit by late February.
In a similar replay four months ago, growing risk that Uncle
Sam might delay its payments on its debt obligation drove
Treasury bill rates to their highest levels since the global
On Monday, the Treasury Department said it would pay dealers
and investors 0.095 percent on $42 billion of its three-month
debt due on May 15.
It would pay 0.11 percent on $42 billion of six-month
T-bills that mature on Aug. 14.