Investors are breathing a sigh of relief after President Donald Trump agreed a deal with Democratic congressional leaders to extend the debt ceiling until Dec. 15, along with a relief bill for Hurricane Harvey. Though yields for Treasury bills due to mature on early October have fallen to more stable levels, government paper set to expire on December have taken a beating in its stead. Prices for government paper fall when yields go up. The yield for the 3-month Treasury bill TMUBMUSD03M, +2.72% has risen more than 4 basis points, even as the 4-week bill shed more than 15 basis points to trade at 1.045%. An auction ... (full story)