Skimpy T-bill yields

I still have a little money in 4-week T-bills which rolled over today. The weekly auction produced an investment rate (roughly annualized simple yield) of a mere 0.527%. That is in fact an annualized yield. Wow, that in a full order of magnitude below what I got over a year ago (5.27%.)

3-month T-bills fetched a yield of 1.12%.

6-month T-bills fetched a yield of 1.34%.

Very skimpy.

I would move my money back to a money market fund, but it is only a small amount and it does give me an excuse to keep up on the treasuries market.

-- Jack Krupansky