The Federal Reserve announced a bid for 3-month Treasury bills totaling $213.4 million and successfully bid for $190.9 million in 6-month Treasury bills. Additionally, 25 counterparties participated in a reverse repurchase operation, collectively taking $89.496 billion. In China, the People's Bank of China (PBOC) conducted a significant open market operation, injecting a net 384.5 billion yuan through reverse repos. The PBOC sold 481 billion yuan of 7-day reverse repos at an interest rate of 1.5%, marking the largest single-day injection since February 5. This week, the PBOC has reverse repo dues totaling 526.2 billion yuan, with specific amounts due each day until March 21.