Tuesday, August 10, 2010

T-bill rates

In case anybody was wondering, here are the latest T-bill interest rates as of today's weekly auction:

  • 4-week (1-month): 0.147%
  • 13-week (3-month): 0.152%
  • 26-week (6-month): 0.193%

Rather skimpy, but better than many retail money market funds and bank accounts.

Meanwhile I am still getting 3.26% APY on my HCSB Rewards Checking account that I found using CheckingFinder.com. I am also getting 2.15% APY at SmartyPig.com.

The flip side of skimpy Treasury yields is that taxpayers are paying very low interest for all of the money that the government is borrowing.

-- Jack Krupansky

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