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Want to earn 5% on your cash? Post debt-ceiling deal, money-market funds deserve your attention

Por: MarketWatch Business June 07, 2023

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These multitrillion-dollar mutual funds — which held an in U.S. Treasury securities at the end of April — could buy at least some of the Treasury debt waiting to be issued after an increase of the borrowing limit. If the yields on those Treasury securities are high, that may translate to yield increases for the funds. T-bills are U.S. government debt that matures between 4 and 52 weeks. The question is whether the will increase in the coming... + full article



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