15 Aug 2024 6 Months T Bills continues to fall

T Bill rates continue their downward trend for August.

The first August T bills fell from 3.64% to 3.38%. The second batch of August T Bills continues its downward trend at 3.34%.

Interestingly, the median yield was at 3.2%, and the average yield was at 2.83%. This was lower than the last auction at 3.3% and 2.85%, respectively. This means investors are already anticipating a lower rate.

With this trend continuing, will 6 month T bills continue to fall?