Fed could be the Grinch who 'stole' cash earning 5%. What a Powell pivot means for investors.
[ad_1] Yields on 3-month BX:TMUBMUSD03M and 6-month BX:TMUBMUSD06M Treasury bills have been seeing yields north of 5% since March when Silicon Valley Bank’s collapse ignited fears of a broader instability in the U.S. banking sector from rapid-fire Fed rate hikes. Six months later, the Fed, in its final meeting of the year, opted to keep […]