3 ms·
Aren't money market funds only good today because of the high fed interest rate? If/when that comes back down so will the money market rates.
by 2OEH8eoCRo0 3y ago
Aren't money market funds only good today because of the high fed interest rate? If/when that comes back down so will the money market rates.
- matthewaveryusa 3y agoHigher than 0% yes. Historically rates are still on the low side. And yes they move with the fed rate.
- Bluecobra 3y agoYes. When they start cutting rates that would be good time to buy Treasury Notes/Bonds or longer term CDs so you can lock in the interest rate for a period of time.
- naniwaduni 3y agoExpected rate cuts are generally already priced into longer-term bond prices, so trying to get in just before rates go down is basically exactly as hard as market timing.
- anxrn 3y agoAnd so will HYSA rates.