The yield on the U.S. 3‑Month Treasury bill slipped at the latest auction, suggesting a modest easing in very short-term funding costs. According to data updated on 13 April 2026, the 3‑Month T‑bill auction stopped at 3.620%, down from the previous stop-out level of 3.635%.
While the change is small, the marginal decline may reflect steady demand for ultra-short U.S. government debt and a market view that short-term rates could be stabilizing or drifting slightly lower. The 3‑Month T‑bill is a key benchmark for cash markets, money market funds, and corporate treasurers managing near-term liquidity. Investors will be watching upcoming auctions to see whether this softening trend in yields persists in the weeks ahead.
