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The United States conducted 4-week and 8-week bill auctions with high rates of 5.290% and 5.280% respectively, selling $96 billion and $86 billion. The bid-to-cover ratio for the 4-week bill auction was 2.75, while the 8-week bill auction had a bid-to-cover ratio of 2.58. Additionally, the U.S. 10-year treasury yield fell to 4.379%, the lowest since September 20, and the 20-year bond auction resulted in a high yield of 4.780% with a bid-to-cover ratio of 2.58.