Yes, Treasury bill earnings are subject to federal income tax, but they’re exempt from state and local income taxes. Instead of paying traditional interest, T-bills generate income through a built-in ...

'The big risk is that market participants balk at the amount of bills that are coming to the market,' said strategist Lawrence Gillum of LPL Financial Investors have enjoyed a more than monthlong ...

The U.S. Treasury will maintain current coupon auction sizes, funding incremental needs with a surge in T-Bill issuance—45% of new cash this quarter. Treasury Secretary Bessent is avoiding long-term ...

The Treasury will raise a record $1.007 trillion this quarter, mainly through T-bill issuance, following the recent debt ceiling increase. Coupon auctions will remain unchanged as Treasury Secretary ...