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 [...]

AARP’s Money Market Fund

The American Association of Retired Persons (AARP) is in the money management business with a mutual fund division called AARP Funds. AARP Funds has a mutual fund money market called the AARP Money Market Fund with one of the highest yields in the country

AARP Money Market Fund Details

5.14% 7-day yield

5.27% 7-day effective yield

$100 minimum investment

One [...]

Mutual Fund Money Market accounts

Purchasing mutual fund money market accounts is rarely discussed by brokers as an investment option for clients, despite providing returns to rival other fixed-income securities with a 40-year history of safety. Mutual fund companies in the United States reported holding $2.584 trillion in money markets assets as of July 25, 2007 according to the Investment [...]