91-day Treasury bills attract investors amid inflation
By the AFREEQUE newsroom, based on Business Daily
Investors have favoured 91-day Treasury bills at at least two recent auctions, anticipating a rise in interest rates as inflationary pressures return. This preference for short-term securities limits how long funds are tied up, Business Daily reports.
Investors are focusing on 91-day Treasury bills, the shortest maturity, as inflationary pressures re-emerge and interest rates could rise, Business Daily, part of Nation Media Group, reports. The bills received the most bids at at least two of the latest auctions.
Investors generally favour short-term investments when they expect interest rates to rise. This allows them to avoid locking up their funds for longer maturities, whose yields could subsequently become higher, the newspaper explains.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
