New 17 Week T Bill vs Cash Management Bill

The “new” 17-week Treasury bill was auctioned off last week at a bit more than 4.25%. Not bad for an investment that’s virtually risk-free!

In this video, I’ll talk about:
- The “new” 17-week T-Bill vs Cash Management Bill
- What is a Cash Management Bill (how pricing & interest works)
- Why the US Treasury decided to transition from the 119-Day Cash Management Bill to the 17 week T-Bill
- The two key things you need to know about the 17-week T-Bill