| Today's 21. May 2012 | Being active is good! |
| Treasury Bills |
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Government debt obligations. They are sold at something less than their value at maturity, the difference thereby being the yield. For example, a one-year U.S. Treasury Bill worth $10,000 at maturity may sell at $9,600. The $400 difference would be the yield, which is 4.17% (400/$9,600). A good barometer of interest rates. |
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