OK, I’m Cancelling My T-Bill Purchase

Posted by Sun on September 20, 2006
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Yesterday’s auction set the latest yield of 4-week T-Bill at 4.721%, dipped 3 basis points from last week’s rate. After examining recent yield moves, I feel that we would be better of if we shift the cash currently invested in 4-week T-Bills to our savings account at EmigrantDirect, which pays 5.15% APY.

I will keep an eye on the rate changes to find my next entry point. How long I may have to wait? If inflation keeps moderating, it will take a while before the rate becomes competitive again.

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