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Terry Savage: Treasury bills are crushing bank rates

Por: Orlando Sentinel Business September 26, 2022

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The Federal Reserve continues to push interest rates higher, and that has the stock market in a tizzy. After all, who needs to take the risk in stocks if you can earn interest safely in an FDIC-insured bank account or in Treasury bills, which are short-term IOUs directly from the government? In recent years, savers have been penalized for keeping money in safe, short-term investments. Interest rates have been lower than “normal” — pushed... + full article



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