Nov
10
Treasury Bills
Filed Under (Debt, Inflation, Savings, T Bills, Technology, Uncategorized) by ravi on 10-11-2008
Treasury Bills also referred to as T-Bills are issued by the fed as a way to raise funds on open market. Buying and selling debt is done by the FOMC or the Federal Open Market Committee. During the years the rate of T-Bills have been on the decline because the federal reserve has decided to lower rates in a failed attempt to try and jump start the economy. Unfortunately for savings like ourselves we are hit the hardest because inflation has been on the increase for slight while. Luckily with the price of oil on the decline cost push inflation has been on the decline but rates still haven’t caught up to the point of inflation which is ~4%.
