Idle cash 5.32%.........
I know I've mentioned this before but it's nice to see our idle cash actually spinning off some money again... VUSXX, which I use, is tossing out 5.32% SEC 7 Day yield at the moment... Gone is the 14 years of near zero fake rates... Looks as if the fed might hold static for awhile, but maybe, just maybe, the "free market" will drive rates even higher... Most likely the 10-30 year bonds are really going to crack open, and those rates may go to 6%- 8% as they should be... Refunding amounts look scary coming down the road from the treasury, hopefully the market demands even higher rates still... Best regards to the board as I've been missing in action for awhile....
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