T-Bills plunge to 3.65% yield – Is a Banking Crisis here? Buy Fixed Deposit instead of T-Bills now? (16 March 2023 Auction Results)
What a week! Over the past week or so, we’ve seen: 3 US Banks fail. The Feds rush in to bail out depositors at 2 US banks. The market price in interest rate cuts as early as June 2023. And last night, we had a potential run on a Global Systemically Imp…
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