Money Rates Get New Nudge Up.

The article focuses on the policy of the U.S. Treasury Department on money market, which has headed to a new peak despite its successful marketing of three billion dollars new-money offering. It states that the treasury places an interest tag of four percent on its three different issues to sell them, such as a redeemable five-year certificate in two and a half years, a one-year note, and a 12-year bond. It explores the position of the U.S. Federal Reserve on its tight monetary policy.