I am new to bonds and came across the 3-Month T-Bills after reading about the inverted yield curve between 10-Year and 3-Month T-Bill.
The 3-Month T-Bill is currently giving a yield of 2.4%, does it mean if i bought a $1000 worth of T-Bill today, after 3 months I would get 2.4% return ($1024) at the end of 3 months? Or I would get (2.4%/(12)) * 3 ~ 0.6% return so $1006?
Submitted March 26, 2019 at 05:44AM by krazineurons https://ift.tt/2URFVxe
