With short-term Treasuries yielding fractions of a percent, people who need safe investments find they’re getting very little for their money. What are the best options for low-risk cash investments right now?
In July, when I last wrote about places to invest cash, money market yields were just above 2%. Lately, they’re at half that level. Two-year treasury notes are yielding little more than 1% and even a five-year Treasury yields slightly less than 2%.
Cash-type investments are the logical place for money that you expect to spend in the near- to mid-term future (e.g. funds being saved for …Read More