FEDERAL RESERVE INCREASED INTEREST RATE BY 50 BPS. DECEMBER

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CREATING WEALTH – BUILDING WEALTH – MANAGING WEALTH

The Federal Reserve is expected to raise the fed funds rate by only 50bps to 4.25%-4.5% during its

last monetary policy meeting of 2022, following four straight three-quarter point hikes and pushing

borrowing costs to the highest level since 2007.

What is the Rate on a 6 Month Treasury Bill?

6 Month Treasury Rate is at 4.78%, compared to 4.72% the previous market day and 0.13% last year.

This is higher than the long term average of 2.73%.

How to buy 6 month treasury bills?

You can buy short-term Treasury bills on TreasuryDirect, the U.S. government’s portal for buying

U.S. Treasuries. Short-term Treasury bills can also be bought and sold through a bank or broker.

If you do not hold your Treasuries until maturity, the only way to sell them is through a bank or

broker.Can you make money with Treasury bills?

Unlike Treasury notes and bonds, Treasury bills don’t make interest payments. Instead, T-bills are

sold at a discount. For example, if a T-bill is issued at 1% interest, then an investor would buy

a $1,000 T-bill for $990.10.

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