US 4-week Treasury bill auction yield slips to 3.945% as demand nudges borrowing costs lower

by VT Markets /
Oct 23, 2026

The latest US Treasury 4-week bill auction cleared at 3.945%, slipping from the prior 4%. The move points to slightly lower short-term borrowing costs for the government over the coming month.

Decline in Yield Signals Customer Demand

The 0.055 percentage point decline suggests marginally firmer demand for very short-dated paper, with pricing adjusting lower as bidders accepted reduced yields.

Rate Levels Remain Near 4 Percent Benchmark

The result keeps front-end rates close to the 4% level, even as the auction set a new stop-out yield below the previous 4% reading.

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