The yield on US Treasury bills maturing in six months has risen to 2.4%, marking the highest level for the instrument since January 2025.
The move underscores continued upward pressure on short-term rates as markets adjust to the prevailing monetary environment.
35%, adding more than 2 basis points in recent trading sessions.
This repricing in the short end of the curve comes as broader US government borrowing costs also face headwinds.
The benchmark 10-year Treasury note yield has recently climbed above 4.35%, adding more than 2 basis points in recent trading sessions.
The simultaneous rise in both short and intermediate-term yields suggests a broadening of selling pressure across the government bond market.
The shift in short-term rates coincides with adjustments in other Treasury instruments.