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So what is never knows best...? It is what Mamimi, from FLCL, has written on her cigarettes. And now, I co-opted it for this stupid blog.
12/05/2006 02:39:00 PM
I feel robbed... last week's 28 day Treasury bill was
28-DAY 11-30-2006 12-28-2006 5.170 5.263 99.597889
this week it's
28-DAY 12-07-2006 01-04-2007 4.760 4.844 99.629778
and it was only because last week's rate was insanely high (~6% taking tax savings into account) that I decided to jump in with some of my cash (I also put some into the 3 month issue).
Of course, the 0.4% interest not gained only amounts to $12 for the month, and I still make out better after tax benefits than my EmigrantDirect account, but I still feel duped. Sadly the inverted yield curve is no more.
28-DAY 11-30-2006 12-28-2006 5.170 5.263 99.597889
this week it's
28-DAY 12-07-2006 01-04-2007 4.760 4.844 99.629778
and it was only because last week's rate was insanely high (~6% taking tax savings into account) that I decided to jump in with some of my cash (I also put some into the 3 month issue).
Of course, the 0.4% interest not gained only amounts to $12 for the month, and I still make out better after tax benefits than my EmigrantDirect account, but I still feel duped. Sadly the inverted yield curve is no more.