US Treasury bill rates fall at weekly auction

WASHINGTON (AP) — Interest rates on short-term Treasury bills fell in Monday’s auction, with rates reaching their lowest level in two weeks.

The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 0.030 percent, down from 0.040 percent last week. Another $23 billion in six-month bills was auctioned at a discount rate of 0.060 percent, down from 0.065 percent last week.