4 ms·

Short term treasuries are paying more than that. 6 month is at about 5.3% and that’s State tax free. Bond yields can only be compared apples to apples at simil

• u801e 3y ago
  What's interesting is that until very recently, the interest rate on treasury bills were higher for shorter term ones versus longer term. That is, the 4 week ones had a higher interest rate compared to the 26 week ones. In fact, the daily treasury bill interest rate for May 26, 2023 was 5.78% for 4 weeks 5.30% for 8 weeks 5.16% for 13 weeks 5.28% for 17 weeks 5.18% for 26 weeks 4.98% for 52 weeks [1] https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates&field_tdr_date_value=2023 https://home.treasury.gov/resource-center/data-chart-center/...
  • kasey_junk 3y ago
    This is the famous inverted curve. It’s generally been a predictor of recession. But this time it’s been inverted for over a year with no recession (yet). One of the many baffling parts of the economy currently.
    • pgwhalen 3y ago
      The yield curve inversion to recession lag is typically around 18 months (with big error bars), so it’s not super notable yet.