a. Go to www.treasurydirect.gov. Under Individuals, go to Treasury Securities & Programs. Click on Treasury bills. Under
Question:
a. Go to www.treasurydirect.gov. Under “Individuals,” go to “Treasury Securities
& Programs.” Click on “Treasury bills.” Under “at a glance,” click on “rates in recent auctions.” What is the investment rate for the most recently issued 52-
week T-bills?
b. Go to the website of your favorite bank. What is the interest rate for one-year CDs?
c. Why are the rates for one-year CDs higher than for 52-week Treasury bills?
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