for the first time, the T-Bill rate has reduced (from 5% to 4.8% for 17 weeks of Tbill). They are still quite high and super safe. bank CD has raised rate = or > T-Bill rate. Searching for the best money market is the best bet. The Schwab money market is 4.4%. All mutual money market funds are safe. there is no money market fund lost customer money. there were 2 MM dropped below $1 but fund sponsors covered the loss to maintain the reputation. the bank-insured money market is quite good. CIT bank: 4.2%; Mysaving direct=4.33% CIT Bank has Zelle function. You can link many banks, brokers, or T-Bill. Direct deposit. there is another uninsured Money market: Ford Interest Advantage=4.8% (!!!!! not insured). However, I have used it for about 10 or 15 years. never had any issues. I watch Ford's stock price. if it drops below $7, I move all money out with one click of the button
Thanks!
最近2周的情况，https://treasurydirect.gov/auctions/announcements-data-results/
bank CD has raised rate = or > T-Bill rate.
Searching for the best money market is the best bet. The Schwab money market is 4.4%. All mutual money market funds are safe. there is no money market fund lost customer money. there were 2 MM dropped below $1 but fund sponsors covered the loss to maintain the reputation.
the bank-insured money market is quite good. CIT bank: 4.2%; Mysaving direct=4.33%
CIT Bank has Zelle function. You can link many banks, brokers, or T-Bill. Direct deposit.
there is another uninsured Money market: Ford Interest Advantage=4.8% (!!!!! not insured). However, I have used it for about 10 or 15 years. never had any issues. I watch Ford's stock price. if it drops below $7, I move all money out with one click of the button