A dog in pink shades and covered in dollar bills.Geraint Rowland Photography/ Getty Images The Fed has lifted interest rates to the highest level in two decades in its war against inflation. While that made borrowings more expensive, it also boosted yields on cash and cash-like assets to historic highs – making them attractive for retail investors.
Us Money-market Yields Haven't Been This Juicy For 22 Years, Thanks To The Fed's Interest-rate Rises
jwilkins@insider.com (Joseph Wilkins), Business Insider
Tue, 08/01/2023 - 2:54am
Topics: geraint rowland photography getty images the fed federal reserve treasury six-month us refinitiv investment company institute ici commerce department wall street journal over april forbes the s&p business insider s&p money-market yields years rises assets rates savings interest billion cash-like investments investors ndash popularity mid-march bills cash surged level data accounts highest making highs retail gains rising historic funds stock strong returns
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