Tag: Interest Rate Hike
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Interest Rate Hike Boosts Treasury Bill Yields to Record Levels
Treasury bills (T-bills) are now offering the best yields seen in years, surpassing 5% after the quarter-point increase in the benchmark lending rate. This move has pushed interest rate hikes for over two decades. The Federal Reserve’s recent interest rate hike has led to substantial gains for savers seeking secure short-term investments Currently, a one-year…