Yields on 3-month T-bills are at about 5.2%, while the 1-year Treasury is yielding 4.7%.
Short-term Treasury rates have climbed sharply since the Federal Reserve kicked off its rate-hiking campaign more than a year ago. It doesn't help that depositors can find attractive yields elsewhere. Most recently, First Republic Bank joined the ranks of failed institutions after regulators seized the ailing bank and sold it to JPMorgan Chase on Monday. After March's havoc in regional banks - when Silicon Valley Bank failed as depositors yanked their cash -worries about further financial instability have resurfaced. Online banks are boosting rates on savings accounts and certificates of deposit as fear of deposit flight plagues regional institutions. Personal Loans for 670 Credit Score or Lower
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