Journal Article

Where Do You Keep Your Liquid Wealth—Bank Deposits or T-bills?


Abstract: The beginning of 2022 saw bank deposits, such as CDs, paying similar interest rates to Treasury bills, but they now pay almost 4% less.

Keywords: certificates of deposit (CDs); U.S. Treasury bills (T-bills); liquid wealth; inflation;

https://doi.org/10.20955/es.2022.33

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Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2022-12-16

Issue: 33

Pages: 1-2