Auction results for the latest round of T-Bills are out! And sadly, they are tracking the downtrend in US interest rates. Cut-off yields close at 3.85% (as compared to 3.99% the previous round). Look under the surface though, and you’ll find that the T-Bills application amounts jumped drastically. So a meaningful part of this […]
The post T-Bills yields plunge to 3.85% – Demand went up a lot? Still a better buy than Fixed Deposits though (20 July 2023 Auction Results) appeared first on Financial Horse.