T-Bills yields drop again to 3.73% – Why are interest rates going down despite falling demand? Better buy than fixed deposits? (17 August 2023 Auction Results)

  So the latest T-Bills auction results are out! In my weekend article, I predicted a range of 3.70% – 3.85% on the T-Bills. And the actual cut-off yield came in on the lower side of that range at 3.73%. This is despite (a) application amounts going down, and (b) the sharp rise in long […]

The post T-Bills yields drop again to 3.73% – Why are interest rates going down despite falling demand? Better buy than fixed deposits? (17 August 2023 Auction Results) appeared first on Financial Horse.