FX.co ★ U.S. 6-Month Bill Auction Yield Inches Higher to 3.535%

The yield on the U.S. 6-month Treasury bill edged up at the latest auction, with the rate reaching 3.535% compared with 3.525% previously, according to data updated on 2 March 2026.

The slight increase suggests a modest uptick in short-term borrowing costs for the U.S. government, and may reflect incremental adjustments in market expectations for Federal Reserve policy and near-term economic conditions. While the move is small in absolute terms, such shifts in bill yields are closely watched by investors as a barometer of short-term interest-rate sentiment and liquidity conditions in the U.S. money market.

The 6-month bill is a key instrument in the Treasury’s short-term funding strategy and is often used by institutional investors and money-market funds as a low-risk parking place for cash. The latest result indicates that investors are continuing to demand a similar, but marginally higher, return for holding U.S. short-term government debt compared to the previous auction.