Investor Interest Rate Update

Interest Rate Update: January 5, 2009:

The Federal Reserve has lowered interest rates in the United State to historic lows pushing down yields on most savings instruments. Current rates and yields include:

3-month Treasury Bill: 0.08% yield

6-month Treasury Bill: 0.28% yield

1-year Treasury Bill: 0.38% yield

2-year Treasury Bill: 0.81% yield

3-year Treasury Bill: 1.07% yield

5-year Treasury Bill: 1.66% yield

10-year [...]

Rates on Money Market Funds, US Treasuries, Bank Money Market Accounts, and Bank CDs

US Treasuries, money funds, and bank deposit accounts posted their lowest rates in years earlier in 2008 after the Federal Reserve lowered interest rates aggressively. Of the three types of cash investments only money funds have not seen an increase in rates in the last month as the market has factored inflation expectations and the [...]

Great Online Bank Rate Deals on Money Markets, Checking Accounts, Savings Accounts, and CDs

Interest rates have been dropping at banks across the country as the Fed looks likely to lower rates at their next meeting on January 30th if not sooner. Competition among the top online banks has kept the highest-posted rates over 5.00% which is significantly higher than U.S. Treasuries yields, Short-Term U.S. Government Bond Fund Yields, [...]

Money-Rates.com Posting Bank Deposit Rates over 5.50% APY

Look’s like at least a few banks still need a little spending at the end-of-the-year. Despite a Federal Funds Rate at 4.25% and falling the following rate specials are listed at money-rates.com:
5.75% APY at KeyDirect on a 10-year CD with a minimum deposit of $50,0005.51% APY at EverBank as an introductory APY on their money [...]

Rates on Health Savings Accounts

Health Savings Accounts (HSAs) were created by the Medicare bill signed by President Bush on December 8, 2003 and are designed to help individuals save for future qualified medical and retiree health expenses on a tax-free basis . Deposits to an HSA may be made by any policyholder of a qualified High Deductible Health Plan [...]