Safer Than the 60/40 Portfolio? US Treasury Bills Hit 5.14% — Highest Since 2007

Cash is trash — no longer. Thanks to years of low interest rates, stock market returns outperformed keeping money under the bed in savings accounts. As interest rates rose over the past year, so have the returns on cash-like investments like Treasury Bills. So much so that the returns on these near-risk-free investments are higher…

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