MoneyRates Blog
90-day Treasury Bill Yields vs. 90-day CD Rates
August 26, 2007
By MoneyRates team | Money-Rates Columnist
By MoneyRates team | Money-Rates Columnist
The 90-day Treasury Bill is yielding only 2.64% after large-scale buying of U.S. Treasuries. The rally in short-term Treasuries has been the largest since 1987 and represents an international flight-to-quality. Typically banks reset their own deposit rates based on action in the Treasury markets, but this has not occured yet after the recent freefall in [...]
Posted in 90-day Treasury bills| Bank CD rates| T-bills| flight-to-quality| highest bank rates | 0 Comments
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